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

The board approved an extension to the UMMC telehealth contract, which is helping the hospital prepare to reopen and staff a four bed ICU sometime in the future.

According to the financial report reviewed by CFO Dawne Holmes, the Hospital had an overall loss of $401,000 in September.

For the fiscal year which ended September 30, 2024, the operating loss was $2.905 million, while the overall profit was $1.121 million. That gap was due to receipt of one-time money consisting of $1 million from the state legislature's "Hospital Sustainability Fund," and a $3 million draw from Leflore County's $10 million line of credit obtained to support hospital operations until its critical access application to CMS is either accepted or rejected.

These fiscal year numbers won't be finalized until the official audit is finished sometime early next year.

At the end of September, the useable cash and equivalents were $3.9 million.

As of the end of September, the hospital still owes Medicare $2.447 million. The Medicare loan is being paid down at around $102,000 per month.

The board then went into executive session, with the public and the press excluded for 27 minutes.

While in executive session, the board approved a physician contract, but the physician was not identified to the public.