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PMC posts positive operating month; board hears grant updates and AR improvements
Summary
Finance staff reported October revenues of $2,837,000 (about $66,000 over budget), net patient revenues of $2,380,000, and a positive operating income of $251,000; board heard about grants including a mental health trust award and HRSA funds for the work building.
Finance Director Jason presented October volume and revenue results and an operational overview to the board.
Jason said clinic visits were nearly 1,000 for October and radiology, lab and rehab services were strong. He reported monthly revenues of $2,837,000, roughly $66,000 above budget, and net patient revenues of $2,380,000, about $166,000 above budget. Operating income for the month was…
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