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Medical center CEO and assembly highlight improved cash-on-hand and audit recommendations
2216000 · February 4, 2025
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Summary
Petersburg Medical Center CEO Phil Hofstadter briefed the assembly Feb. 3, and Assemblymember Lim reported on an audit showing improved cash-on-hand (about 105 days) and recommended updated policies for grant and federal-reimbursement procedures.
Petersburg Medical Center Chief Executive Officer Phil Hofstadter reported to the borough assembly on Feb. 3 that he had submitted slides from a work session and thanked the assembly for their engagement; no substantive items requiring assembly action were presented.
During…
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