by Brianne Grimstad
The Veterans Memorial Hospital (VMH) Board of Trustees met for its regular monthly meeting Tuesday, January 27. Reports provided during the meeting indicated that the month of December was a good month for the hospital.
Gross Patient Revenue came in just under the five-million-dollar mark at $4,933,466. There was a slight reduction in contractuals for the month, and VMH Administrator Michael Coyle explained that the hospital received an additional settlement to the end of the year cost report, which reduced the contractuals.
After taking out contractuals and Charity Care and Bad Debt, the Total Operating Revenue for the month was $2,678,430. Coyle noted that the Charity Care and Bad Debt were a little bit higher for the month, but he also noted that it is there for a purpose and they want to make sure that it’s being used appropriately.