Positive financial outlook for HMH

The Howard Memorial Hospital  Board of Directors held their regular meeting this week.
CFO Bill Craig gave an overview of the Financial report for the month of November.

Craig presented to the board a financial comparison for the month of October 2022 versus the month of November 2022. 

Craig also discussed Net Income Loss, Days Revenue in Accounts Receivable, an Average Daily Census, along with other expenses in the Green Red Caution report.

Craig stated that they had great results on their collectible revenue, their ED volume is the highest that it has ever been, and their costs are running about 1 percent below budget.