JCHC Board Adopts FY 2014 Operating Budget

JCHC Board Adopts FY 2014 Operating Budget

At their Wednesday meeting, the Johnson County Healthcare Center's Board of Trustees reviewed and then adopted the Operating Budget for Fiscal year 2014.

Hospital Administrator Sandy Ward discussed his projections with the board, adding they are just projections that could and probably would change during the fiscal year.

Ward showed roughly $22 million in gross patient revenue minus $5.3 million in deductions for total operating revenue of $16.6 million.

Operating expenses were estimated at $18.7 million for an operating loss of $2.1 million.

Non-operating revenues were projected at $2.8 million, for a net gain of Just over $648,000.

Again, these numbers are subject to change due many different factors.

The board voted to approve the Operating Budget for the year.

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