NEWBERRY — Craig Cudworth, interim CEO at Newberry County Memorial Hospital, provided the board with a presentation Tuesday on the development of a rural Family Medical Practice Residency at Newberry Hospital.
The program is consistent with the hospital’s mission and will yield positive benefits to the hospital and community in the forms of physician recruitment, prestige, improved quality of care and service to the people of the county.
NCMH experienced positive operating income of $86,000 and a positive net income of $144,000 for the month of April. That is less than the budgeted net income of $248,000 but more than prior year negative net income of $51,000.
Net patient revenue was $184,000 under budget for April due to lower discharges and lower outpatient visits. Gross revenue was $456,000 under budget and revenue deductions were $272,000 under budget.
Total acute inpatient discharges were 5.7 percent under budget but 3.5 percent over last year. Total acute patient days were 1.2 percent under budget but 10.2 percent over prior year.
Inpatient surgeries were 18.2 percent over budget and 20.4 percent over prior year. Outpatient surgeries were even with budget and 10.4 percent over last year.
Endoscopies were 12 percent over budget for the month of April and 14.8 percent over prior year. Emergency Room visits were 0.1 percent under budget and one percent under last year. Outpatient visits 4.7 percent under budget and 2.5 percent under prior year.
Total discharges are down 3.3 percent year to date from last year. Total patient days are up 2.6 percent (174) year to date from last year, while inpatient surgeries are up 15.2 percent. Outpatient surgeries are down 9.8 percent. Endoscopies are up 1.2 percent and outpatient visits are down 2.9 percent from last year.
Gross Inpatient Revenue was $29,000 (0.8 percent) under budget in April, due to decreased discharges and patient days. The gross outpatient revenue was $428,000 (4.9 percent) under budget due to decreased outpatient surgeries and outpatient visits. Collections were $3.8 million for the month of April.
NCMH collected approximately $268,000 from the South Carolina income tax program compared to $209,000 last April. Year to date, they have collected $1,192,000.
Benefits were $13,000 over budget in April due to increased worker’s comp insurance and maintenance and repairs were $20,000 over budget due to IT contracts.
Other expenses were $22,000 over budget due to increased marketing in the month of April.
The operating cash position increased by $1.4 million during the month due primarily to receipt of the quarterly DSH payment.
The board discussed that the 340B monthly savings over the past year have been substantial. The greatest savings occurred in December 2013 with the largest contributing factor being additional medications added during the quarter beginning in October. Most of the savings is yielded from chemotherapy drugs and volume.
• The hospital’s E-Learning system continues to be successful. As of the current date, 1,199 online courses have been completed by staff totaling 2,204.50 hours of continuing education.
• Battle of the Bulge was a success this year with 85 participants losing over 1200 pounds.
• The Foundation’s next event will be a rummage sale on June 7. The sale will be held in the old Pediatrics of Newberry practice located at 145 Executive Drive. The hours of the sale will be 8 a.m. until noon. The Foundation is currently accepting donations on Friday’s (excluding clothing). For more information contact the Foundation at 803-405-7425.