Medical center up in operating revenue, total operating expenses
July 4, 2019
Petersburg Medical Center Controller Rocio Tejera gave her monthly financial report to the PMC board of directors last Thursday explaining the hospital's financial standing during the month of May and the fiscal year-to-date.
Both PMC's gross and net operating revenue were above target for the month of May. The gross operating revenue was at $1,873,317, which was 24 percent above the budgeted $1,503,353 for the month. The net operating revenue was up 16 percent at $1,501,766.
The hospital's total operating expenses were also above what was budgeted for May. The total operating expenses tota...