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...