PMC net income over $310,000
September 3, 2020
Petersburg Medical Center started off the 2021 fiscal year by exceeding financial expectations, according to a financial report PMC Controller Rocio Tejera gave to the Board of Directors at their meeting on Aug. 27.
The hospital ended July, the first month of the fiscal year, with a total operating revenue of $1,859,444, which was 12 percent higher than expected, had a positive income from operations and a bottom line of $310,973.
PMC had originally planned on earning $1,660,797 in total operating revenue in July, but an increase in patients contributed to nearly $200,000 in additional reve...