Although March revenue was up, the deductions and expenses for Hopkins County Memorial Hospital created a little more than a one million dollar loss to the hospital district for the month, according to Donna Wallace, hospital CFO. She said that cash-on-hand is holding strong with 83-days of cash-on-hand. The hospital board met Monday night in the hospital plaza board room for their regular March meeting.
During the meeting, the board gave Mike Yost, Chief Administrative Officer for Memorial Clinic, and permission to proceed in negotiating a lease of a building to house a purposed Memorial Urgent Care Clinic.
Michael McAndrew noted last week marked his 13th anniversary as CEO at Memorial. Observing that 13 years was a better than average tenure for a hospital CEO, McAndrew thanked the board, staff, and team members for their support.
The board also made specific equipment purchase during the meeting.