PA Hospital continues to operate in black after big losses
PHILADELPHIA — Neshoba County General Hospital and Nursing Home generated a profit of $3.5 million profit during fiscal 2012 after a $213,575 profit the previous year, according to audited financial statements.The Neshoba Democrat reports the hospital had a loss of $1.9 million in 2010. Hospital administrator Lonnie Graeber said overall expenses were reduced by about $2 million while revenue remained steady, leading to the 2012 profit. Graeber said that for the first eight months of operations in fiscal 2013, the facility has shown a profit of $3.5 million. "Our inpatient volume has increased about 40 percent this year," he said.
- Senators Hear How Two-Midnight Rule Harms Patients, Hospitals
- 3 Management Lessons from a Supermarket Debacle
- Medicare Advantage Carriers See 'No Choice' But to Accept Cuts
- Handshaking Spreads Germs. Get Over It.
- Healthcare Costs Start With What We Eat
- IOM Identifies GME Problems, Calls for Finance Changes
- Revenue Cycles Get a Boost from Simple JPEG Files
- Hospitals Likely to Outsource ICD-10 at Launch
- Physicians to Appeal 'Docs v. Glocks' Ruling in FL
- Anatomy of 3 Health System Rebranding Efforts