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     View Program    Thursday, December 2, 2021
 
Greenwood Leflore Hospital

The Greenwood-Leflore Hospital is a 208 bed facility that serves a large portion of the central Mississippi Delta. It is jointly owned by the City of Greenwood and Leflore County.

For our news reports about the hospital, please go here: Taxpayers Channel coverage of Greenwood Leflore Hospital's downfall.

 
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Greenwood Leflore Hospital
Hospital Board Meeting
 
Tuesday, November 16, 2021

Running Time 35 min
 
First Posted on Tuesday, November 16, 2021 at 2:20 pm

The Greenwood Leflore Hospital Board of Trustees held its regular monthly meeting.

According to the financial report provided by Mrs. Dawne Holmes, the Hospital had an overall loss of $1.48 million in October.

Net patient revenue was $7.1 million for October, while expenses were $8.8 million.

The cash and cash equivalents burn for October was $1.4 million. The usable cash reserves, after netting out the Medicare short term loan which must be paid back, is $10 million.

The Medicare advanced payment of $16.5 million, which the Hospital has not dipped into, is now being paid back. As of the end of October, GLH has paid it down to $13.1 million. The payback rate will double in Spring 2022.

CEO Jason Studley presented the COVID vaccine mandate policy for adoption. There are some religious or medical exemptions available, which require weekly testing. Employees who do not comply will "go through the regular disciplinary actions," according to Studley. The percentage of employees who remain unvaccinated at this time is between 25% to 30%.

The Board went into executive session and excluded the media and the public for 110 minutes.

 
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