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Hospital board approves next year's budget


The Petersburg Medical Center Board of Directors approved the hospital’s 2016 budget on Thursday, March 26, and will be sending it on to the Petersburg Borough Assembly the first of April for review.

“The budget is really straight forward,” said Interim Chief Financial Officer Dornan Hammett.

Petersburg Medical Center is looking at a total revenue of $13.9 million with operating and non-operating revenues, and a total expense of $13.8 million. There’ll be a $580,000 operating revenue loss, but a net gain of $71,000 with the non-operating revenue tossed in.

Hammett noted that PMC wil...

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