Erlanger Has $700,000 Loss For September, But Far Ahead Of 3-Month Projections

Monday, October 21, 2013

Erlanger Health System had a $700,000 loss in September. Hospital officials said it was ahead of a projected loss of more than $800,000 for the month and down from the $900,000 loss in the prior September.

In the first quarter of Erlanger’s fiscal year,  total losses from operations stand at $696,620. The hospital had budgeted for a loss of more than $5 million at this point.

Britt Tabor, finance director, said, “Our commercial utilization was 10.7 percent less than we budgeted, and our indigent/self pay was over budget by more than 46 percent in September.”

Bad debt and charity care as a percentage of Erlanger’s gross patient revenue was 11.60 percent, compared to a budget of 10.42 percent. NICU volumes were also less than expected by 8.2 percent.

Mr. Tabor said Erlanger has already provided more than $21 million in uncompensated care to the community in three months. Three patients in September incurred treatment costs of well over $140,000 each.

On the positive side, admissions were up by 2.7 percent and 2.7 percent up from last year. Emergency room visits were down, by 1.6 percent, but were almost 18 perent higher than last September.

Helicopter patients were 6.6 percent over budget and 2.5 percent higher than last year.

Surgical inpatients were almost five percent over budget and the surgical mix was higher than the previous month, at 30.4 percent. Orthopedic inpatient surgeries were 5.3 percent over budget and over prior year.

Surgical outpatients were more than 14 percent over budget, and 14.7 percent higherr than last September.

Inpatient heart/thoracic surgeries were only slightly under budget, at 2.5 percent, and cardiac cath procedures were almost 36 percent over budget and over prior year.


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