Tough Month Financially for Elbert Memorial / Affiliation Process Progressing

October 24, 2012

There was some not so great financial news out of last night’s Elbert Memorial Hospital Authority meeting.

The numbers showed that the hospital had a significant decrease in Gross Patient Revenues, which helped lead to an operating loss of three hundred and one thousand dollars for the month of September, despite a 3.5% decrease in operating expenses.

 

Also during the meeting, Elbert Memorial CEO Jim Yarborough gave a quick update on the hospital’s affiliation process with AnMed Health.

Yarborough said that attorneys from both sides are working on either the third or forth draft of the agreement that has to be sent to the Attorney General. Yarborough did say that he is hopeful that the final draft will soon be completed.

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