Hutcheson Medical Center reports positive earnings - | Chattanooga News, Weather & Sports

Hutcheson Medical Center reports positive earnings


FORT OGLETHORPE, GA. (WRCB) – At their Board of Directors' Budget and Finance Committee Meeting Monday, Hutcheson Medical Center officials reported the hospital's best financial results since February 2009. The report marks four months of positive financial reporting for the health system, including two consecutive months of positive hospital operating revenue.
Also noted were the positive earnings from operations in August, that were $185,762, up more than $100,000 from the previous month. An increased hospital census, up 35% over last year, and improvements in the number of surgeries performed were noted as contributing factors.

A 29% increase in outpatient surgeries and 18% increase in total surgeries over August 2011 were also reported. Hutcheson also saw a spike in commercial payer insurance last month and the hospital's case index continued to increase, meaning patients of a more serious nature are being treated at the facility.
Including physician clinics, Hutcheson officials reported a consolidated loss of $20,836 in August 2012 as compared to a budgeted loss of $162,263. August earnings reflect a $1.52 million improvement over Hutcheson's August 2011 financial report.

Last month, hospital officials announced a $1.62 million improvement over July 2011 numbers.

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