Stephens Co. Hospital Sees Revenue Increase in June

July 22, 2014

Stephens County Hospital receives some positive financial news.

Hospital officials reported at Monday’s monthly Hospital Authority meeting that the hospital saw a positive bottom line in the month of June.

Stephens County Hospital Administrator Ed Gambrell said that the hospital saw a particularly good month on the revenue side in June.

“Revenue is up some from the past few months and it is up quite a bit from June 2013, actually about $1 million more than in 2013,” said Gambrell. “Surgery is doing well right now and radiology is busy. June was kind of a decent month for us.”

Gambrell went on to say that the increase in revenue can be traced back to a busy month for surgeries at the hospital.

“Surgery was busier this June than in June of last year,” said Gambrell. “Because surgery is busier, you have more x-rays, you have lab work, you have more other work. Surgery kind of drives revenue for us.”

June marks the three-fourths point of the fiscal year for the hospital and Gambrell said to this point, Stephens County Hospital remains on pace for a better year financially than last year.

He did say, however, that things remain challenging financially, for not just Stephens County Hospital, but the entire healthcare industry.

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