By Dani Palmer
'A beginning dialogue' Petersburg's hospital looks ahead to challenges
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The Petersburg Medical Center is in a good position financially right now, but it’s in the next three to five years that it may face some serious challenges.
Representatives from the hospital and its board of directors met at a special meeting with the Petersburg Borough Assembly Monday evening.
“Your hospital is strong, you have almost no debt,” said Interim Chief Financial Officer Doran Hammett, who brings in an outside perspective as he does financial work for hospitals around the country.
He added that Petersburg has a strong balance sheet, strong billing and collections, an enga...
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