PMC had 12 percent revenue increase for February
April 2, 2020
For the month of February, Petersburg Medical Center saw its net operating revenue and total operating expenses come in over what was budgeted, according to PMC financial statements presented at the PMC Board of Directors meeting last Thursday.
The net operating revenue was at $1,571,660 at the end of February, which was 12 percent above the budgeted $1,391,250 for the month. While the total operating expenses also came in over budget, February's revenue was able to offset the difference. PMC budgeted $1,391,250 for February, but total operating expenses came in at $1,473,169.
One line ite...