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Iberia Medical Center presents $136 million budget to Iberia Parish Council, warns of Medicaid pressure
Summary
Iberia Medical Center CEO Dionne Biotor presented a $136 million operating budget for fiscal 2026, highlighting planned investments in outpatient services, a new cath lab and faster lab diagnostics while warning of Medicaid reimbursement shifts that could cut payments in later years.
Iberia Medical Center on Wednesday told the Iberia Parish Council it expects roughly $136,000,000 in revenue for fiscal 2026 and is proposing investments in outpatient and specialty care while budgeting a modest surplus.
"We anticipate revenue next year to be a 100 and almost a 136,000,000," Dionne Biotor, identified in the meeting packet as CEO of Iberia Medical Center, said as she walked the council through the hospital service district's annual operating budget. Biotor said operating expenses are projected to increase about $4 million and that…
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