PMC revenue exceeds expenses
October 8, 2020
Petersburg Medical Center has continued their spike in revenue into the second month of the fiscal year, with a total operating revenue for the month of August that was 26 percent above expectations, according to a financial report PMC Controller Rocio Tejera presented to the Board of Directors at their meeting on Sept. 24.
PMC had budgeted for $1,619,830 in total operating revenue in August, but instead brought in $2,045,120. A high number of patient days for the month drove up the total operating revenue, said Tejera. Patient days is the number of patients PMC sees in one month times the...