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Iberia Medical Center reports strong audit, 24/7 STEMI capability and North Campus expansion plans
Summary
Iberia Medical Center presented its 2024 audited financial statements to the Iberia Parish Council on April 9, reporting roughly $35 million in cash and short-term investments, continued profitability, the hiring of a new ER medical director and plans to open additional beds at the North Campus within 9–12 months.
Iberia Medical Center reported to the Iberia Parish Council on April 9 that its auditors found no adjustments or internal-control findings for fiscal year 2024 and that the hospital’s cash and short-term investments total about $35,000,000, roughly 120 days of operating cash.
CEO Dionne Viator and the hospital’s finance team presented the audited statements and an operational update. Viator said the hospital’s revenue for the 2024 year was about $135,000,000 and that the facility now employs 828 people. She told the council that ‘‘we’ve made some significant strides in building our cash over the year,’’ and…
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