Wednesday, February 19, 2014

CHS financial report good news


Crittenden Health Systems had a good report for Crittenden Fiscal Court this week.

On Tuesday, CHS CEO Greg McNeil, as he does each month, presented the health care facility’s abbreviated financial statement for the ambulance service to magistrates and Judge Executive-Perry Newcom. The report showed a net loss of only $365 for the month of January. This is in contrast to an average monthly loss of more than $20,700 since November of last year.

McNeil, who took on the role of CEO at the hospital in November, said January saw an extraordinary number of runs by the ambulance service.

Though the fiscal court does not have a hand in the operation of the hospital, it does contribute $12,500 each month to CHS to offset EMS expenses. The financial report presented Tuesday did reflect that monthly allocation.

A story in this week's issue of The Crittenden Press did not clarify that the financial report was for EMS operations only.