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TELL CITY - Meeting last week for the final time in 2007, Perry County Memorial Hospital's Board of Trustees approved an operating budget for 2008. Also granted was the hospital's participation in the Anthem Healthy Indiana Plan for uninsured Hoosiers.
The hospital's 2008 budget projects total patient revenue of $54.2 million, with an estimated net income from operations of just over $1.5 million. With one month remaining in 2007, the hospital has recorded patient revenue of nearly $48 million with income from operations of $2.1 million. However, the hospital has invested more than $1.4 million in capital purchases and contributions into its employees' pensions. Similar capital and pension expenditures are planned in 2008.
Full results of the hospital's financial performance are expected to be released early next year.
Healthy Indiana Plan
The Healthy Indiana Plan will be provided through the hospital and its employee physicians and provides coverage for uninsured Hoosiers with incomes below 200 percent of the federal poverty level.
The new health plan is sponsored by the state of Indiana and covers physician services and prescription drugs. Since the plan is subsidized by the state, the number of participants is limited.
For more information, call (877) GET-HIP9 or visit www. in.gov/fssa/hip/
Trustees approved the purchase of two convection countertop steamers for the hospital's food-service department. The two old steamers don't function any more and that has left her employees feeling steamed at times, Food Service Manager Teri Harpenau said. The two steams will cost $12,270 and were included in the hospital's 2008 capital-equipment budget.
Medical staff credentialed at Wednesday's meeting included Dr. Daniel Lott, who is moving from provisional to active staff.
In the hospital's emergency services department, Drs. Darin Thomas and Robert Shirley are moving from provisional status to emergency-room contract staff while Dr. Peter Rives was moved from temporary to provisional contract staff.