Typically this is the busiest time of the year for hospitals, as respiratory illnesses are in full swing, which leads to higher patient volume, which inevitably leads to more revenue for the hospital.
Similar to last year, however, that simply hasn't been the case, says Sheridan Memorial Hospital CFO Ed Johlman.
Johlman explains that the trend of declining revenue will most likely continue for the next few months.
The hospital has made some contractual adjustments that played a big role in saving some money in the month of January. We'll have more on that story at a later time.