The Board of Trustees held its regular monthly meeting.
According to the financial statement released to the press, the Hospital had an overall net operating loss of $256,109 in December. The loss was much smaller than the $1.48 million loss in November.
The cash balance and equivalents sank by $819,724 during December to $21.3 million.
For the first quarter of the fiscal year, the Hospital has lost $1.92 million and eaten up $3 million in cash and cash equivalents.
The Board went into executive session and excluded the public and media for 75 minutes.