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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...



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