Howard Memorial Hospital Board of Directors Holds Regular Monthly Meeting

The Howard Memorial Hospital (HMH) Board of Directors convened for their regular monthly meeting on Tuesday, where several key updates and discussions took place regarding hospital operations and finances.

One important announcement made during the meeting was from Board Member Tem Gunter, who confirmed that he will continue to serve on the board for HMH, offering his ongoing support for the hospital’s initiatives.

The Board also passed a motion to approve the reappointments of Dr. Clay Ferguson, Dr. Glenn Lance, and Dr. Timothy Webb, as recommended by the medical staff.

CFO Bill Craig provided the Board with a detailed financial report, stating that the hospital’s accounts payable were in good standing. Craig also reported a profit of $188,644 from LHC, with HMH’s share amounting to $62,252. Other positive financial figures included collectible revenue from Patient Services, which exceeded the budget by $121,836. Additionally, swing bed volume accounted for 33% of January’s inpatient days, surpassing the goal of 30%. Surgery cases were also slightly above budget, with 101 cases versus 100 expected, marking another favorable variance. Furthermore, hospital expenses were $41,873 under budget, a 4.6% variance.

After reviewing the financial information, a motion was made by Tem Gunter and seconded by Wes Howard to accept the financial report as presented by Craig, with the motion passing unanimously.

Board Member Julie Jones raised concerns about the hospital’s pediatric department, asking for an update on its current performance. In response, Craig assured the Board that strategies would be developed to increase patient volume in that department.

The meeting concluded with the Board’s commitment to continuing efforts to improve the hospital’s services and financial health as they move forward in the year.