Hospital Revenues Up, Expenses Down, Staff's On Mission

CEO Mike McCafferty (Leslie Stratmoen Photo)
CEO Mike McCafferty (Leslie Stratmoen Photo)

Revenues are up and expenses are down at the Sheridan Memorial Hospital, compared to the same time last year.

Hospital Treasurer Gene Davis told board members Wednesday afternoon that management's done, what he called, “a hell of a job” holding down expenses while treating a higher patient load.

Specifically, he said, revenues were up by $2.7 million, while expenses were a half a million for the first two months of the fiscal year.

A considerable amount of the regular meeting of the board was handed over to hospital CEO Mike McCafferty for an update on services and standards. He said the staff's focus is to create a culture of kindness and safety and to document the mission in writing.

Ada Kirven, who's the executive director of the hospital's foundation that serves as the community outreach arm, gave a brief report. She said her team continues to keep donors involved and referenced the upcoming fund-raiser for the cancer center called The Link set for later this month.

And, she said, her staff has already received calls from people wanting to reserve a plot for next year's community garden.

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