Casey County hospital faring well financially

September 15, 2004|BRENDA S. EDWARDS

LIBERTY - A financial report indicates that Casey County Hospital is doing well, and the Board of Trustees wants to keep it that way.

Ralph Morgan, finance officer, told the board Tuesday night the total fund balance for July was $2.4 million. "It keeps growing a little each month," he said.

Net income was $28,560 for July, the first month of the new fiscal year. Total operating expenses for the month were $606,956.

Administrator Rusty Tungate said he wants to keep charges for charity care and bad debts up to date.

Charity costs for the month were $7,880, and bad debts totaled $10,148. He said the bad debts have been turned over to a collector.


The board also left the tax rates the same as last fiscal year.

The rates are 6.5 cents per $100 property valuation for real estate, and 8.5 cents per $100 property valuation for motor vehicles and water craft.

The rates will bring in $231,895 from real estate, $52,866 from motor vehicles and $12,085 from motor vehicles and water craft.

Other money matters

In other money matters, the hospital got a $50,000 rebate on a CT scanner because it had been used in training by Shimadzu Co. before the hospital bought it. The actual cost is $423,000.

A resolution was approved for the hospital to participate in the self-insurance unemployment plan. Tungate said the plan is cheaper than other plans since the hospital only has to pay for current claims. He said the hospital qualifies for the plan because it is a non-profit entity.

Clay Hoskins, a contractor hired to remodel and build an addition to the Primary Care Center, said the holdup in starting the project is getting a state building inspector to approve the plans. He expects that to be done soon.

The board agreed to make a temporary road off Sanders Street during construction to keep the street clear while work progresses.

In other matters, Tungate said that 1,385 people had blood drawn at the annual Health Fair.

This was an increase of more than 200 from the previous year.

The blood tests that regularly cost $300 were given for $12. The estimated attendance was 2,000 - up 500 from last year. The 29 booths at the fair provided health care educational information.

Tungate said the Health Fair keeps growing each year. "One person drove down from West Virginia to attend the fair," Tungate said.

The board also set its meeting time at 7 p.m. the second Tuesday of each month.

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