Chief Financial Officer Katherine Pairish reported total year-to-date revenues were over last year by $5,454,975. This is a 22% increase. Inpatient revenues were over last year by $1,955,032. Skilled Nursing revenues were over last year by $1,057,700. Outpatient revenues were over last year by $3,248,969 and Clinic revenues were over last year by $250,974. Total expenses were over last year by $3,059,585 or 16%.
Gross accounts receivable as of February 28, 2022 was $5.8 million.
Director of Clinics, Paul Bruning reported February had been their best month in terms of revenue for the fiscal year and felt it was primarily due to having a second dentist, adding the dental clinic almost doubled its income. He stated they are starting an urgent access clinic to help with increased need for same day and sick visits. Bruning explained Primary Cares were having a hard time getting in their own patients and as the population base increases, they need someone dedicated to see same day patients. Dana Culp, FNP will help with this and modifying hours Monday, Wednesday, and Fridays to 8 a.m. – 4 p.m. with walk-ins. Tuesday and Thursday 12 p.m. – 7 p.m. to extend hours to provide more access for the community. Bruning stated so far it’s been well received.
Director of Rehab Services, Jim Burson, reported this month the department is three years old and started with just one therapist and one part-time therapist and now have 14 in the department. He remarked they have a great team. Average patients per day was up 15%. New referrals are up 66%.
CEO, Doug McCoy, stated in his executive summary the Board approved annual COLA increases that were well received as were the adjustments to the nursing staff hiring scales. Aggressive recruitment continues in order to reduce traveler expense and increase EPHC overall census. Staffing waivers for CNAs and training classes have been extended by the State until June 30th.
EPHC had its bi-annual lab CLIA recertification survey completed on March 8th. There were some findings that will be corrected through a written plan of correction. EPHC will be purchasing a new lab analyzer to increase testing capabilities and result times through a State grant opportunity. Installation of the new equipment is anticipated to be completed by the end of April.
No deficiencies were identified in the survey results from the February Skilled Nursing Facility visit.