Erlanger board approves budget - | Chattanooga News, Weather & Sports

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Erlanger board approves budget

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CHATTANOOGA, TN (Times Free Press) - Erlanger Health System trustees passed what the hospital CEO is calling an “aggressive” budget for the upcoming year, which includes a 2.2 percent increase in patients.

Hospital officials have budgeted to end the year with $18.4 million in revenues from operations, with a $10.8 million surplus on the bottom line.

It’s a contrast to a much more cautious budget last year, when the hospital was aiming for a $4.5 million deficit as it attempted to climb out of months of losses.

The budget includes about $19 million infusion in federal funds that the hospital just gained access to this year, but accounts for $10 million in cuts to reimbursements.

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