Cudworth named interim CEO at hospital [The Newberry Observer, S.C.]
(Newberry Observer (SC) Via Acquire Media NewsEdge) Oct. 25--NEWBERRY -- Town hall meetings will be held in late October or early November to discuss CEO recruitment and transition as the board works to select a new Chief Executive Officer. Until then, interim CEO Craig Cudworth will be working with Newberry County Memorial Hospital.
NCMH experienced higher patient volumes than budgeted expectations in September. They had an operating loss of $42,000, but a positive net income of $58,000 for the month of September which is more than the budgeted negative net income of $185,000 and prior year negative net income of $525,000.
Net patient revenue was $570,000 over budget for September due to payer mix and decreased bad debt, according to board member Mike Reynolds.
The statistics for September left the total acute inpatient discharges at 1.2 percent under budget but 1.8 percent over the previous year. Total acute patient days were 15.3 percent over budget and 21.5 percent over prior year.
Inpatient surgeries for the month were 17 percent over budget and 34.8 percent over last year. Outpatient surgeries were 4 percent over budget and 9.4 percent over the previous year. Endoscopies were 10.3 percent under budget and 8.2 percent under the prior year. Emergency room visits were 4.4 percent over budget and 5 percent over last year.
Gross inpatient revenue was $570,000 over budget due to increased patient days in September. The gross outpatient revenue was $431,000 over budget due to increased emergency department visits. Collections were $2.8 million for the month of September.
Other updates for NCMH:
-- Representatives from Columbia Nephrology were on site for a visit and plan to begin providing consultations and seeing patients in the visiting physician suite early 2014.
-- For May 2013, the hospital key result report continues to show strong performance in the areas of inpatient AMI, Heart Failure, Venous Thromboembolism and Immunization at 100 percent. NCMH's outpatient AMI, Chest Pain, AMI Chest Pain, Surgical and Stroke measures resulted in 100 percent.
-- Dr. Loging has inserted the first MRI friendly nerve stimulator at NCMH. Additional instrumentation has been ordered for expanding spine surgery capabilities at NCMH.
-- The Winter Social is scheduled for Nov. 21 from 5 p.m. to 8 p.m. at the Firehouse Conference Center and will be catered by The Palms. The foundation board has been creating wreaths and gift baskets of all kinds and prices to sell at the event. Tickets for the event are $25. Proceeds from the fundraiser will support the Oncology/Infusion Center projects.
(c)2013 The Newberry Observer (Newberry, S.C.)
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