Pine Valley reports May cash shortfall and lower census; committee approves vouchers

Jun 17, 2024

The Pine Valley Subcommittee reviewed May financials showing cash receipts of $773,868.27, a monthly cash variance in the range reported (about $83,000 negative), and a decline in skilled nursing census; the committee approved payment of vouchers by voice vote and discussed plans to reduce agency nursing costs.

The full story

The Pine Valley Subcommittee reviewed May financial statements on May 20 and heard that cash receipts for the month totaled $773,868.27 while the presenter reported a monthly cash variance in the vicinity of an $83,000 shortfall as presented to the committee.

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