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Gila Regional Medical Center board reports $40M surplus, outlines staffing and service expansions
Summary
Dr. Fred Fox, chair of the Gila Regional Medical Center board, told Grant County commissioners GRMC posted a fiscal-year net surplus of just over $40 million, completed a leadership transition and added specialty services, while defending trustees against criticism that they 'got in the weeds.'
Gila Regional Medical Center board chair Dr. Fred Fox reported to Grant County commissioners on Jan. 6 that the hospital improved its financial position in 2025 and completed leadership changes that leaders say put the hospital on a steadier footing.
"There has been a total net surplus for the fiscal year 25 of just over $40,000,000," Dr. Fox said, and staff completed the annual financial audit on time and submitted it to the state, pending release. He…
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