PMC Board approves 3 percent service and wage increase beginning July 1
Petersburg Medical Center Board of Directors approved a 3 percent increase of rates and salaries beginning July 1. The increases will take place across the board, said Chief Financial Officer Leon Walsh.
“We have a program that raises the rates for anything that we charge for,” Walsh said.
The board unanimously approved the increases at the May 24 meeting.
In July 2011, the board increased rates from 1 to 5 percent depending on service, and raised salaries by 1 percent.
“We try to be as competitive as we can. If we’re not competitive, we have a difficult time attracting employees,” Walsh said.
The 2013 budget forecasts a little more than $13.6 million in revenue and $11.8 million in expenditures, employee salaries come in at $5.7 million, with benefits at just under $2.3 million. The FY13 budget forecasts a net gain of about $499,000.
“The small amount of profit - that will go into a reserve,” Walsh said.
According to Walsh, the swing bed occupancy has an average of 3.5 per day. This is an increase of 0.8 percent over last year.
The long-term care occupancy is at an average of 14 patients a day.
The board had a choice for the 2012 budget of no increase of services and salaries, a 2 percent increase of services and salaries or the 3 percent rate options.
The next board meeting is scheduled for Thursday, June 28, at 5:00 PM in the Dorothy Ingle Conference Room.
The board also discussed key vacancies at the Medical Center. The board is looking to hire two registered, full-time nurses, an admissions ward clerk, a patient financial representative, a patient accounts manager and one temporary housekeeper.