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PMC has operating loss in November


December 26, 2019

Petersburg Medical Center had an operating loss of $205,855 for the month of November, according to the hospital's financial report.

PMC's net operating revenue came in above the budgeted $1,313,250, at $1,493,828. Year-to-date, PMC is above its net operating revenue by $928,060 with a budgeted $6,956,250 and a total of $7,884,310 for the first five months of the fiscal year.

The year-to-date net operating revenue is just enough to make up for the year-to-date total operating expense of $7,873,651. November was budgeted for $1,391,250 in total operating expenses, but came in at $1,699,983...

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