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Last updated: June 27. 2014 9:57AM - 381 Views
By - eparnell@civitasmedia.com



Lauren Powell has been recruited as a new Nurse Practitioner at Little Mountain Family Health Center.
Lauren Powell has been recruited as a new Nurse Practitioner at Little Mountain Family Health Center.
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NEWBERRY — Lauren Powell has been recruited as a new Nurse Practitioner and will be working at Little Mountain Family Health Center, Newberry County Memorial Hospital’s board announced Tuesday.


Powell previously worked with the Medical University of South Carolina and was recently awarded a doctorate in Advanced Nurse Practice.


The board also approved the 2014-2015 slate of officers. Dr. Alan Paysinger is now chairman and Joe Trainor is vice chairman. Barry Richardson is now treasurer and John Pugh is secretary.


Mike Reynolds followed with the finance and compliance committee’s report on finances for May.


Reynolds said the hospital experienced negative operating income of $356,000 and negative net income of $275,000 for May, which was worse than the budgeted negative net income of $235,000 but better than prior year negative net income of $292,000.


Net patient revenue was $128,000 over budget for May due to lower bad debt and charity.


Gross revenue was $574,000 under budget and revenue deductions were $702,000 under budget. Expenses were $207,000 over budget due to various reasons.


Statistics


Total acute inpatient discharges were 14.8 percent under budget for the month and 12.8 percent under prior year. Total acute patient days were 14 percent under budget and 13.6 percent under prior year. Inpatient surgeries were 14.1 percent over budget, but 3.9 percent under last year.


Outpatient surgeries were 25 percent under budget and 32 percent under from last year, while endoscopies were 4.4 percent under budget but 10.1 percent over last year.


Emergency room visits were 1.1 percent under budget but 2 percent over last year, while outpatient visits 9.5 percent under budget and 6.9 percent under prior year.


Total discharges were down four percent year to date from the previous year. Total patient days are up 1.5 percent year to date, while inpatient surgeries are up 12.9 percent, outpatient surgeries are down 12.3 percent, and endoscopies are up two percent. Outpatient visits are down 3.3 percent year to date from the prior year.


Revenue


For May, the gross inpatient revenue was $239,000 under budget due to decreased discharges and patient days. Gross outpatient revenue was $335,000 under budget due to decreased outpatient surgeries and outpatient visits. Net days in accounts receivable are 56.


Collections were $3.1 million for May. NCMH collected approximately $52,000 from the South Carolina income tax program compared to $90,000 last May. Year to date they have collected $1,244,000 which is $45,000 less than prior year to date.


Expenses


Benefits were $181,000 over budget due to a $50,000 worker’s comp settlement and increased medical claims.


Other expenses were $84,000 over budget due to increased marketing, physician recruiting and accruals for potential insurance claims.


Operating cash position decreased by $2 million during the month due primarily to increases in accounts receivable and other current liabilities combined with decreases in our payroll liability.


Other updates:


• 1,259 online courses have been completed by NCMH staff totaling 2,239 hours of continuing education through their E-learning system.


• NCMH received an award for Most Improved Safety through Palmetto Hospital Trust. The award was given to trust members with the largest reductions in loss ratio from 2012 to 2013 in each of seven categories ranging from 501 plus beds to 100 beds and fewer, Disabilities and Special Needs organizations, Long Term Care facilities and other facilities.


• The hospital key result report continues to show strong performance in the areas of inpatient and outpatient core measures with 100 percent on all composite scores for February results.


• The hospital foundation’s rummage sale was held June 7, making a net of $2,407. The foundation’s next event is a golf tournament scheduled for Oct. 9.


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