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...

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