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Authority reports improved margins, revenue gains and denials-management work; committee approves February financials

Hospital Authority Finance Committee · March 27, 2026
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Summary

Accounting manager Cole Griffith reported February 2026 revenue and an improving year-to-date operating margin; the committee approved the financial statements and heard a revenue-cycle update highlighting denials-management work with vendor Cofactor and staff lead Faith Reid.

Coleman 'Cole' Griffith, the Authority's accounting manager, presented the February 2026 financial statements and called February "a strong month." He reported gross patient revenue of $25.8 million, net patient revenue of $6.6 million (about $911,000 favorable to a $5.7 million budget), total revenue of $13.8…

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