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     View Program    Tuesday, October 15, 2024
 
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, October 17, 2023

Running Time 52 min
 
First Posted on Tuesday, October 17, 2023 at 9:55 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 $1.36 million in September.

The fiscal year ended September 30, 2023, with an overall annual loss of $8.89 million.

Operating revenue for the year was $57.4 million, while operating expenses were $74.9 million.

The overall loss would have been almost double had not the hospital received in loans and gifts $8.7 million from the city, county, and utilities company.

At the end of September, the useable cash and equivalents were $703,323.

As of the end of September, the hospital still owes Medicare $4.54 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 63 minutes.

 
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