PMH Gets Halloween Treats In The Form OF A Good Month Financially
Marlinton, WV – Halloween was more treats than tricks for Pocahontas Memorial Hospital. The month of October was good for PMH financially. If the hospital has another month like it, it will balance its budget and have a surplus of about $70,000.00. During the hospital board meeting on November 16, PMH chief financial officer Chad Carpenter explains that more inpatients helped boost the bottom line.
“You see that we did have a net income of $168,673.00 for the month of October which brings our year to date loss to $97,725.00,” says Carpenter. “You’ll notice that our inpatient revenue is back up; the outpatient revenue was also up slightly.”
Board Chairman Dr. Robert Must says a new staff member, Dr. Frank Puckett, has helped improve hospital finances. Dr. Puckett recently joined the staff of PMH, bringing with him a background in cardio-thoracic and general surgery.
CEO Barbara Lay informed the board that the county commission had donated $25,000 for interior upgrades to the hospital. The CEO said she had met with representatives of the Charleston firm Contemporary Galleries, which is preparing plans and cost estimates for the project. Lay said 18 supervisory staff members had conducted management training at Snowshoe resort on November 8th and 9th. The Studor Group provided materials for the training. The CEO says she received good comments about the training.
“Everybody was real excited and received a lot of good feedback from the workshop,” she says.
Lay says hospital staff also honored Dr. Soriano for his 33 years of service to the hospital. She also thanked Kenny Hall and Mike Burns of Burns Motor Freight for their help with repairs to the hospital ambulance. Dr. Puckett gave an update on medical operations and outlined some of his major goals.
“The first thing we want to do is continue to increase volume by offering excellent care in rebuilding the relationships with the community so they have confidence in us as a hospital and an institution,” he says. “The other big service area where I’d like to see us expand is increasing the amount of pediatric services we provide. Just in the last three weeks we’ve already had three pediatric admissions for things that we can handle here.”
In other business, the board approved a draft organizational chart and draft organizational goals, to be sent to the Studor Group for comments. The next meeting of the PMH Board of Trustees is scheduled for December 15th, 6pm at the hospital conference room.