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Story Archives: Riverland records loss for November
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Riverland records loss for November
Riverland Medical Center recorded a loss of $114,037 in revenue in November, which administrator Vernon Stevens attributed to $53,000 for coalition dues and $45,000 for interest owed the IRS from 2003.
"Without those two we would have broken about even," Stevens said. "Our revenue is about the same in December without those checks being written so we should have a good month there."
Stevens said December's financial statement was not yet available because of statements due from the clinic on First Street.
Riverland had expenses of $1.091 million in November and revenue after adjustments of $9,077.00.
Chairman Fred Butcher asked about money owed by the Tensas Parish Detention Center, which owes Riverland $66,000 for medical services provided to inmates. Stevens said the prison agreed to pay $33,000.
"They pay 40 percent of their bill because of work done to federal inmates, so it would end up being about that much anyway," Stevens said.
Stevens also said he is contacting Heritage Manor for bills owed over the past few years.
Butcher asked Stevens to supply a list of those customers who owe more than $8,000 at the next financial meeting.
"There seems to be too much we write off or that is floating around," Butcher said. "There are so many situations we don't know about until it is too late. We found out about them after the hatchet came down."
Butcher was elected chairman once again of the board, while Jim Graves remains vice-chairman.
Graves, Larry Chauvin, Rena Pitts and Carolyn Magoun were re-elected to the executive board.
The board also voted to send a proposal back to the medical staff in regards to allowing Dr. David Gordon on the ER staff. |
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