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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, February 21, 2023

Running Time 14 min
First Posted on Tuesday, February 21, 2023 at 2:25 pm

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

According to the financial report given by Mrs. Dawne Holmes, the Hospital had an operating loss of $1.30 million in January. Operating expenses were $6.20 million, while operating revenue was $4.90 million.

The overall loss was much smaller, $160,107, due to Greenwood Utilities and the city forgiving $134,458 in utilities for the month of January, and the county giving the hospital $1 million.

January is the last month for utility forgiveness for electricity, but water and garbage costs will continue to be forgiven through March.

At the end of January, the cash and equivalents were $4.38 million. Of the cash left, $2.60 million cannot be touched legally because it is in trust to cover the malpractice insurance. That would mean that in reality, at the end of January, there was only $1.78 million in cash on hand left to spend.

In January, the hospital made approximately $103,000 in payments to Medicare for the repayment of the short term loan. The hospital still owes Medicare $5.23 million.

The board approved the hiring of Eddie Stuckey to appraise the off-campus property owned by GLH, at a cost of $12,800. He is expected to complete the appraisals the first week in April.

The board then went into executive session, with the public and the press excluded for 37 minutes.