Erlanger Loss Is $197,950 For May

Monday, June 24, 2013

Erlanger Health System posted a $197,950 loss from operations in May, compared to a $2.5 million loss the same month last year, Chief Financial Officer Britt Tabor said Monday night.

  Erlanger’s loss from operations after 11 months of the fiscal year stands at $9.

8 million. At this time last year, the loss was $15.2 million.

 

“I’m disappointed we are not reporting a profit tonight, but we have shown steady improvement in our monthly financials in the last two months,” Mr. Tabor said.

He stated,  “Erlanger experienced $2.5 million and $4.9 million losses in operations in February and March of this year.”

 

He said, with one month left in the fiscal year, Erlanger has provided $69.6 million in uncompensated care to the community. He stated,  “In May alone, we contributed more than $6.3 million in uncompensated care - far more than any other healthcare institution in this region.”

 

Erlanger admissions in May were 2.7 percent under budget, but  were almost five percent higher than last May.

 

Surgical inpatients were 13. percent under budget in May, though the surgical mix was up – at 30.7 percent - for the month.  Surgical outpatients were 5.7 percent under budget in May.

 

Emergency room visits were 5.1 percent under budget, but 12.2 percent greater than last May.  

 

Physician practice outpatient visits were five percent under budget.

 

Cath lab procedures were 6.6 percent over budget. Mr. Tabor said there has been a renewed focus on building Erlanger’s cardiology service line. 

 

Supplies and drugs per adjusted admission was $1,363 compared to a budgeted $1,550.  Mr. Tabor commended the staff for keeping these expenses down for the second month in a row. 

 

Neurosurgery inpatient surgeries were almost two percent over budget and 9.6 percent greater than the prior year.  Last month inpatient neurosurgeries were up by 17 percent. 

Bad debt and charity care as a percentage of gross patient revenue was 11.20 percent compared to a budgeted 10.57 percent, which also contributed to May’s financial loss, in addition to commercial pay utilization, which was down 6.9 percent.   “If we’d had a better payor mix, we would definitely have had a better month,” Mr. Tabor said. 

 

Mr. Tabor said NICU patient days were 20.4 percent under budget in May.  “This had a significant impact on our bottom line,” he told the board of trustees finance committee.     


Morning Pointe Residents Make Musical Memories At Creekside

Creekside at Shallowford Independent Living invited Program Director Dawn Dunn and residents from The Lantern at Morning Pointe of Collegedale for a piano concert and sing along.  Voices of both community's residents were raised as they joined in on familiar hymns, patriotic tunes, jazz and spiritual collections, and classical numbers. (click for more)

O Negative Blood Supply Critically Low

Blood Assurance, the non-profit regional blood center, is in critical need of type O negative blood, said officials. Currently level 1 trauma centers are using 20 percent more O negative blood than last year. Typically, 275 units of O negative type blood are sent weekly to area hospitals, but the demand has surpassed the number of donations by 18 percent in the last two months. ... (click for more)

Rhasean Lowry, 34, Charged In Death of 3-Year-Old Girl

Rhasean Lowry, 34, was arrested for abusing a three-year-old girl, and then criminal homicide after she died. Last Tuesday, the Chattanooga Police Department was called on a suspected child abuse case. Lowry took the victim to a local hospital and he stated the victim fell down steps. Doctors advised that the victim’s injuries were the result of blunt force trauma consistent ... (click for more)

City IDB Member Who Made Motion For $9 Million Black Creek TIF Had Not Lived In City For Years

A City Industrial Development Board (IDB) member who made the motion to approve a controversial $9 million Black Creek Tax Increment Financing (TIF) had not lived in the city for years, City Attorney Wade Hinton confirmed. Chris Ramsey, a BlueCross BlueShield official, was not present at an IDB meeting on Tuesday morning. Five other board members were. Citizen Helen Burns ... (click for more)

Decimating The Chattanooga Public Library

Corinne Hill claims that the library is just undergoing a normal weeding process for eliminating books.  She has bragged that she's responsible for the elimination of over 100,000 books - with more to go. "Normal" weeding is not rampant throwing away.  Yes, books go to the Friends for their sale - where they get $2 for a $75 book and thousands wind up being recycled ... (click for more)

The Many Lessons I Learned From Helen McDonald Exum

Helen McDonald Exum was my friend and mentor. As I think of her passing I can only imagine the celebration that is happening in heaven as the news of her arrival is being told. I am sure that there is a party that not only has she organized but that there is not a detail that has been left to chance. I am sure that it is the grandest of events, for you see, she has been planing ... (click for more)