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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, June 22, 2021

Running Time 38 min
 
First Posted on Tuesday, June 22, 2021 at 3:37 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 operating loss of $3.22 million in May.

However, the Hospital posted a lower overall loss for May of $2.61 million, by drawing down $595,809 in CARES ACT and other grant money being held in reserve to offset the large operating loss.

The cash and cash equivalents burn for May was $2.8 million.

The amount of CARES ACT and other grant money still held in reserve is $1.1 million, which must be applied to offset COVID-19 losses. An extension has been given for spending the rest of this grant money past the original June 2021 deadline.

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 May, GLH has paid back almost $700,000.

The Board received a report on the 2020 audit of the pension program.

The Board went into executive session and excluded the media and the public for 99 minutes.

 
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