PMC faces monthly losses in 2021
April 29, 2021
Since January, Petersburg Medical Center has been operating with a negative bottom line, but Controller Rocio Tejera told the PMC Board of Directors at their meeting on April 22 that it's important to look at the year-to-date bottom line.
On March 31, PMC reported a negative bottom line of $676,722 for the month, according to financial documents presented to the hospital board. However, the hospital has a positive year-to-date bottom line of $540,192. The bottom line is the hospital's total income after all the hospital's expenses have been deducted from its revenue.
For the month of Dece...