PMC's September expenses exceed revenue
October 31, 2019
Petersburg Medical Center Controller Rocio Tereja reported to the board of directors last week that although the hospital was up by four percent in net operating revenue, total operating expenses were 10 percent above budget.
"During the month of September, we did not achieve our budget," said Tereja.
PMC had anticipated bringing in $1,391,250 in revenue last month, but a busy inpatient department brought the net operating revenue to $1,456,192. The increase in operating revenue for the month was offset by a 10 percent increase to the total operating expenses. For the month of September, P...