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Franklin Medical Center sees increased profit
Franklin Medical Center experienced an increase in cash flow for the third month in a row, according to CEO Robert Boullion.
Boullion told the hospital's board of commissioners at Monday's regular meeting that cash collections for June topped $1.2 million. In April and May, FMC also brought in more than $1 million.
"I haven't seen three consecutive months over $1 million," said Boullion, referring to monthly cash income during the past couple of years.
More good news came with Boullion's report that the hospital saw a profit of $120,411 for June.
"That's pretty good for summer," he said. "We've had a pretty good June and actually have done more surgeries than last year."
Heavy controls on expenses contributed to the hospital's profit.
"We are operating very frugally," Boullion said.
Other reports detailed financial standings at medical center clinics, various departments and units were presented to the commission.
Commission members attending the meeting were Dr. Jan Hicks, chairman Nick Poulos, Paul Price Jr., Michael Wright and Danny Warner.
Sheila Mason, R.N., director of nursing presented reports on performance improvement and activity, an inpatient summary report and demographic information on Franklin and Tensas parishes.
Today at noon FMC will host a Franklin-Tensas Healthcare Coa-lition meeting. On Saturday, the hospital will sponsor at health fair at River of Life Church from 10 a.m. to 2 p.m. |
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