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PMC net operating revenue exceeds expectations

 

November 28, 2019

The Petersburg Medical Center saw a 26 percent increase in net operating revenue for the month of October, reported Controller Rocio Tereja at a board of directors meeting last week.

PMC expected a net operating revenue of $1,391,250 for October, but instead the net operating revenue was $363,780 higher for a total of $1,755,030. Total operating expenses were at $1,545,742, over the $1,391,250 that was

budgeted. Despite coming in over budget, the total operating expenses were lower than the net operating revenue.

"This has been a very good month financially for the medical center," said T...



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