Although the bottom line of the financial page for the Adams Health Network (AHN) isn't as high as what the 2011 budget adopted last year projected, it's still six figures in the black and over $100,000 higher than last month, according to information reported to the hospital trustees Wednesday night at their monthly meeting.
AHN Chief Financial Officer Dane Wheeler said the hospital financial sheet shows operating and non-operating revenue of $46,034,122, while expenses for the first 11 months of the year came to $45,929,651, bringing a balance to the good of $104,471. That's a significant improvement from the $3,624 balance the hospital sported last month.
Wheeler reported that despite a drop in income overall from last year, hospital expenses are down $329,286 in the first 11 months, from $46,258,937 to $45,929,651. Over one-third of expenses have gone for professional services, to the tune of $15,728,031, and that figure is more than double the next highest expense account (bad debt, $7,239,185).
President and Chief Executive Officer Tom Nordwick reported to the board that newborn admissions (17), outpatient registrations (6,054), and visits to the emergency room (899) were all up in November while the number of surgeries (123) was down, likely suffering from the loss of long-time AMH physician/surgeon H. S. Lee. The hospital accumulated 454 inpatient days for an average of just over 15 patients per day.
Dr. Lee honored
In another part of the meeting in the medical staff report, board chairman Dr. Robert E. Judge said the hospital has honored Dr. Lee by creating a position that makes him the first honorary member of the medical staff. Dr. Lee retired earlier this fall after suffering a medical incident at home, forcing him to close his practice.
In other medical staff news, Judge reported emergency room physician Scott Smith will become president of the medical staff next year while Dr. Nicholas Nussbaum will be the president-elect for 2013.
Woodcrest Administrator Rosina Thatcher delivered a power point presentation to the board, outlining the steps taken during the annual state board of health inspection of a nursing home. She pointed out 54 such inspections were done statewide in the third quarter of 2011 and only four of those inspections — including one done at the Village of Heritage Nursing Home, operated by the hospital in Monroeville — received a zero-free deficiency score.
It is not unusual for an inspection team consisting of four to five individuals to spend nearly a week at an establishment reviewing charts, interviewing patients and staff, and inspecting all aspects of the nursing home.
Nick Nelson, director of support services at the hospital, also spoke briefly with trustees, showing them updated photos of construction activity at Woodcrest, where the hospital will soon be relocating its extended care facility and of the long-awaited garage being built for the Woodcrest bus. He said a public open house would be held at the new extended care facility in the near future.