Hutcheson Medical Center officials said Monday that the Fort Oglethorpe hospital turned a $779,906 profit in July, exceeding the budgeted profit of $244,180 by over half a million dollars.
Year to date, the hospital is $317,708 in the black and $10,102,107 ahead of last year.
Factors contributing to July’s gain included increases in hospitalized patients (8% v. last month), more births (32%), and total surgeries (8%). The Fuller Cancer Center also experienced increased patient volume with outpatient visits, officials said.
“The hospital made financial progress this month and year to date is in the black, something Hutcheson hasn’t accomplished in over seven years,” stated Roger Forgey, Hutcheson president and CEO. “The fact that we have improved $10 million compared to this time last year shows that our community still supports Hutcheson. But despite July’s success, we still must resolve the inherited debt immediately in order to move forward.”
Mr. Forgey was sent to Hutcheson by Erlanger Health System to run the financially-ailing facility.
Erlanger put over $21 million into the operation.
North Georgia county officials and the hospital board said recently they want to sever ties with Erlanger and find a new operator.