The year-end figures are in and Eastern Plumas Health Care administrators are pleased with what they see.<\/p>\n
\u201cI\u2019m really proud of this; we did it,\u201d said Jeri Nelson, the district\u2019s chief financial officer.<\/p>\n
This is a strong balance sheet that shows $1.6 million in combined savings and 34 days cash on hand.<\/p>\n
Account receivable days are below budget at 53, and accounts payable are at their lowest level of $833,760.<\/p>\n
\u201cThis is a very, very good balance sheet,\u201d she told the board of directors during its monthly meeting July 26.<\/p>\n
Chief Executive Officer Tom Hayes said that this year\u2019s figures are remarkable especially when compared to last year\u2019s.<\/p>\n
\u201cIt\u2019s really a significant change,\u201d he said, noting that the ending balance is $1.5 million higher than last year.<\/p>\n
Though revenues were less than budgeted, cost savings were higher.<\/p>\n
Director Jay Skutt, who is a member of the finance committee, said, \u201cWe didn\u2019t meet budget goals for revenues, but we more than made up for it by cutting costs.\u201d<\/p>\n
Hayes said that the health care district \u201creally tightened its belt\u201d and it must continue to do so even though the bottom line has improved.<\/p>\n
\u201cWe can\u2019t get complacent,\u201d he said.<\/p>\n
Clinic visits were fewer than budgeted: 26,397 instead of 27,242. But staff is hopeful that the arrival of the new doctor, Michelle Kim, next week will see that number increase.<\/p>\n
The number of emergency room visits was slightly higher than anticipated: 3,227 compared to the budgeted 3,200.<\/p>\n
The number of acute in-patient admissions and hospital stays was lower than budgeted, but skilled nursing patient days were higher.<\/p>\n
Debra Moore’s Portola Reporter article, above, courtesy of www.plumasnews.com<\/p>\n","protected":false},"excerpt":{"rendered":"
The year-end figures are in and Eastern Plumas Health Care administrators are pleased with what they see. \u201cI\u2019m really proud of this; we did it,\u201d said Jeri Nelson, the district\u2019s chief financial officer. This is a strong balance sheet that shows $1.6 million in combined savings and 34 days cash on hand. Account receivable days […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-96","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/posts\/96","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/comments?post=96"}],"version-history":[{"count":0,"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/posts\/96\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/media?parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/categories?post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ephc.org\/blog\/wp-json\/wp\/v2\/tags?post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}