Erlanger Losses At $2.5 Million After First 6 Months Of Fiscal Year

Monday, January 21, 2013

Erlanger Health System losses are $2.5 million after six months of the fiscal year, including a $1.2 million loss in December.

Chief Finance Office Britt Tabor said the December loss is an improvement over a loss of almost $3.9 million the same month last fiscal year. He said the red ink after six months the prior fiscal year was $10.3 million.

He said at a meeting of the Hospital Authority finance committee on Monday evening, "We’re showing an improvement of almost $8 million over the same period last year.

Surgical inpatients were 19 percent under budget and 11 percent less than last year. Surgical outpatients were 2.3 percent under budget and 3.5 percent less than last year.

Orthopedic inpatient surgeries were under budget by 29 percent, neurosurgery inpatients by 27 percent, and heart/thoracic surgeries with cabs/valves by 26.3 percent.

Mr. Tabor told the panel that high admissions at Children’s Hospital, coupled with “one of our highest volume months in NICU,” helped offset inpatient surgery losses on the Baroness Campus in December.

Although admissions were under budget 5.5 percent for December, they exceeded admissions numbers last December by 1.8 percent.

Erlanger’s emergency room visits were almost 17 percent over budget and 21 percent higher than last year. Helicopter patients were under budget by 2.4 percent and 2.4 percent less than last year.

Cath lab procedures were on budget and more than 16 percent greater than last December.

Mr. Tabor also reported that January inpatient volumes have improved and are over budget.

Paid FTE’s per adjusted occupied bed was 5.35 compared to a budgeted 5.40, and  bad debt and charity care as a percent of gross patient revenue was 9 percent, compared with a budget of 10.41 percent.

Mr. Tabor also noted that, six months into the fiscal year, Erlanger has already provided over $39 million in uncompensated care to the community.

The panel approved the purchase of computers and related software for 2013 at a budgeted cost of $445,000. Officials said, "The objective is to continue Erlanger’s annual 'computer refresh' process, targeting the replacement of the oldest population of computers currently in use – by our clinical, business and physician staffs."  

Also approved was the renovation of Operating Room 19 into a second endovascular suite. Charlsetta Woodard-Thompson said Erlanger currently has one operating room that supports endovascular procedures. Over the past 12 years endovascular procedures are requiring newer technology and larger OR space to accommodate some of the more challenging procedures, she said. Additionally, this service line has seen a significant growth and Erlanger’s single suite has exceeded capacity to accommodate both physician and patient schedules, it was stated.

The cost of the project, which involves renovation of original floors, walls, nurses’ station and build-out of a control area, is $2.3 million.

Mike Baker reported that the renovation project is scheduled to start around March 1.

Ms. Woodard-Thompson also sought committee approval for the purchase of a medical imaging system for radiography and long-length imaging procedures at Children’s Hospital. She told trustees that "the demand for pediatric imaging has remained consistent over the years, but orthopedic volumes have increased and orthopedic clinicians are requesting long length procedures with more frequency."

The budgeted amount for this new equipment is $450,000, and the purchase was also authorized by the committee.

Meigs County Man Indicted On Multiple Sex-Related Charges

An investigation by special agents with the Tennessee Bureau of Investigation has resulted in the indictment and arrest of a Ten Mile man who faces multiple charges, including aggravated sexual battery and solicitation of a minor.                                         ... (click for more)

Deovany Perez, 22, Arrested For Attempted 1st-Degree Murder And Burglary In Red Bank

Deovany Perez, 22, has been arrested in Red Bank for a burglary on Friday at an occupied residence and attempted murder of a resident at 110 Hendricks Boulevard. On Friday, at approximately 10 p.m., officers responded to a call of a stabbing at 135 Hendricks Blvd. The police investigation led officers to 110 Hendricks Blvd. where they located a second stabbing victim and ... (click for more)

A Thankful List

David Jeremiah said it best, that we have a tendency to concentrate on the things we don’t have rather than what God has already blessed us with.  Perhaps, he said, it is because there is not enough parchment available in this world to record all God’s bountiful blessings should we try to list them. This Thanksgiving let us gather our family close to us, whisper a prayer ... (click for more)

Roy Exum: Don’t Mess With ‘Skunk’

One year ago today riots broke out anew in Ferguson, Mo., after a grand jury refused to indict Darren Wilson, a white 28-year-old police officer who shot and killed a black 18-year-old, Michael Brown. The altercation took place on Aug. 9, and video cameras later showed the black teenager robbing a store and assaulting the shopkeeper. After the unarmed Brown was shot, for ... (click for more)

Tennessee Hangs On To Beat Lady Mocs, 59-57

KNOXVILLE – This was a basketball game of two halves here at Thompson-Boling Arena Monday night. The Tennessee Lady Vols won the first one while the Chattanooga Lady Mocs won the second, but when the final horn had sounded, the Lady Vols remained unbeaten after four games with a 59-57 victory. The Lady Mocs are now 3-2 for the young season. Te’a Cooper scored on a ... (click for more)

Fordham Football Has Rare Trip to the Deep South

The Fordham Rams football team with its 9-2 record and All-American running back Chase Edmonds comes to Chattanooga Saturday to face UTC in a rare trip to the Deep South. Located in the Bronx, N.Y., the Patriot League runner-up and the Southern Conference co-champion Mocs meet in a first round FCS playoff game at Finley Stadium with a 1 p.m. kickoff. With a rich gridiron ... (click for more)