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     View Program    Saturday, December 21, 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, December 3, 2024

Running Time 10 min
 
First Posted on Tuesday, December 3, 2024 at 2:03 pm

The Greenwood Leflore Hospital Board of Trustees held its regular monthly meeting. This meeting had been delayed, and was in reference to the financial situation in October 2024.

According to the financial report reviewed by CFO Dawne Holmes, the Hospital had an overall loss of $314,000 in October.

At the end of October, the useable cash and equivalents were $ 4.0 million.

As of the end of October, the hospital still owes Medicare $2.356 million. The Medicare loan is being paid down at around $102,000 per month.

According to Mrs. Holmes, the hospital's FEMA damages claim from COVID has finally been approved in the amount of $969,488. It wasn't made clear when that money will hit the hospital's financial statement.

The board then went into executive session, with the public and the press excluded for 60 minutes.

While in executive session, the board approved the sale of certain properties, but no other details were provided.

 
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