Erlanger Gets Off On Right Foot At Start Of Fiscal Year

Monday, August 19, 2013

Erlanger Health System has gotten off on the right foot at the start of the fiscal year with a $1,576,675 profit in July.

Kevin Spiegel, the new president and CEO, said August is not looking quite as bright, "but I think the trend lines of improvements are setting in."

Britt Tabor, finance director, said the July profit was largely fueled by a dramatic increase in hospital admissions. They were 17.4 percent over budget and 17.4 percent greater than the prior year.

Surgical inpatients were 20.4 percent over budget and the prior year, and surgical outpatients were 2.8 percent over budget and prior year.

Emergency room visits were 17.7 percent greater than the prior year.

Mr. Tabor called it "a very good financial month. A lot of people have been working really hard on strategies to meet our budget."

Mr. Spiegel said in July "a lot of great things happened. The volumes came in like gangbusters."



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