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Hospital lost $317,641 in March

Tuesday, April 16, 2019, 10:21 pm News Flash Archive

At tonight's Greenwood Leflore Hospital board of trustee meeting, it was reported that in March, the hospital lost $317,641.

For the first half of this fiscal year (which began October 1, 2018), the hospital lost $2,778,867.

Interim CEO Subho Basu gave a long presentation explaining the services and benefits of the consultant Vizient. Many cost savings and revenue enhancements are claimed by Vizient, but the hospital has paid the consultant a little over $1.4 million so far.

The Board went into executive session for an hour, excluding the public and the press from the meeting.

For complete coverage of these and other hospital milestones, please go here: Taxpayers Channel coverage of Greenwood Leflore Hospital's downfall.

John Pittman Hey
The Taxpayers Channel

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