Medical center begins new fiscal year strong
August 2, 2018
As the first month of the fiscal year ended, Petersburg Medical Center's board of trustees approved the hospital's capital budget for the 2019 fiscal year on Thursday.
CFO Doran Hammett also gave the board an overview of the hospital's financial standing.
"We ended the year on a positive note," said Hammett.
In a board meeting on June 28, the board failed to approve the capital budget of $972,913 due to a call for more information on requested capital items. The board approved a capital budget of $954,130 on Thursday. The capital budget was originally going to
purchase a network infrastru...