Published by admin on Thu, 04/25/2024 - 1:59pm
While its March numbers fell short of February’s, Three Rivers Health reports positive trends in several indicators that are key to its future success, including patient visits, staff morale and turnover.
That was the theme that emerged from Wednesday night’s meeting of the board of directors, which began as they typically do, with a report from finance department manager Michael Garza.
Garza said an allowance adjustment of $498,000 for its Legacy system (Medworxw) cleanup contributed to a net operating loss of $349,000 in March. TRH also saw declines in patient encounters, from 1,488 in February to 1,257 in March, and net patient revenue, from $740,000 in February to $624,000 in March. Clinic visits fell from 656 in March to 537 in February. On the plus side, inpatient and swing bed days rose from 19 to 37 and ER visits from 118 to 123.
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