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 overall profit of $5.76 million in January.

At the end of January, the useable cash and equivalents were $7.21 million.

As of the end of January, the hospital still owes Medicare $4.2 million. The Medicare loan is being paid down at around $102,000 per month.

Mrs. Holmes also reported that the lump sum catch up payment for the enhanced MHAP reimbursement from Medicaid was received in early January, which explains the large profit last month.

The board then went into executive session, with the public and the press excluded for 34 minutes.