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...



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