Erlanger Registers A $1.5 Million Loss For August

Monday, September 23, 2013

  Erlanger Health Systems reported a $1.5 million loss for August, leaving the hospital just barely in the black after two months of the fiscal year.

Britt Tabor, finance director, called it "a very unusual month, especially the last week of August.

”  

He noted that admissions were 13.6 percent over budget and 4.8 percent higher than last year, but he said the Neonatal Intensive Care Unit volume was 10.5 percent under budget and surgeries down - especially at the end of the month.

Mr. Tabor said,  “This, combined with our commercial utilization being almost 10 percent under budget and more than 16 percent lower than last year, had a significant impact on our August revenues.” 

Emergency room visits were 13.7 percent higher than last year, but almost six percent below projections for August. 

Physician practice outpatient visits were more than 31 percent under budget and 27.7 percent below last year's numbers.


   Cath lab procedures were down by 19 percent, and IP heart-thoracic surgeries and neurosurgery inpatient surgeries also down.


The board's finance committee was told that Erlanger had a $7.9 million loss for the 2012-13 fiscal year.


      Admissions for the year were six percent under budget for the year, surgical inpatients were 11.7% under budget, surgical outpatients were 4.6 percent under budget and Erlanger’s surgical mix was 29.8 percent for the year. Emergency room visits were 4.4 percent under budget, but 6.4% higher than the previous year. Cost per adjusted admission for the year was $8,622 compared to a budget of $8,243. 


        Erlanger provided more than $85 million in uncompensated care for the fiscal year.


The finance committee approved the renovation and re-location of physician staff lounges and locker rooms to provide for future expansion of the new vascular operating rooms.

Officials said vascular operations are a major component of the hospital.

The project will cost $1.5 million and will be funded from the previous sale of the Erlanger East Physician Office Buildings.


Also approved as a professional services agreement between Erlanger and University Oncology and Hemotology Associates for medical oncology and hematology services.


Erlanger Chief Nursing Officer Jan Keys said, “This agreement represents a commitment to embrace a more quality-driven model of cancer prevention, diagnosis and treatment.”


Officials said, "Payments for oncology services are not keeping up with the costs of running a practice, and drug profit-margins for the administration of chemotherapy have declined significantly over the past eight years.  With this agreement, Erlanger will be able to offset reimbursement cuts for chemotherapeutic drugs through access to competitive pricing of outpatient drugs. This will also allow Erlanger to better serve the community by improving access to medical oncology and hematology services to the underserved.  Partnering with medical oncology physicians will be critical to the overall success of cancer services as demand for services continues to grow."

     

  

 

 


Morning Pointe Residents Make Treats For Local Police

Morning Pointe of Chattanooga at Shallowford residents took cookies and homemade candy to the Chattanooga Police Department in celebration of National Police Week. Residents visited the Police Services Center and shook hands with police Sgt. Traci May and Officer Casey Cleveland to personally thank them for their service. As a part of the Life Enrichment Program, the assisted ... (click for more)

Code Orange Health Watch Issued For Tuesday

A Code Orange Health Watch has been issued for Tuesday, with a  101-150 on the AQI index. Levels of pollution are forecasted to be unhealthy for sensitive groups.   People at risk include:  Children who are active outdoors Adults of all ages exercising or working outdoors People with asthma or other respiratory conditions ... (click for more)

Police Chief Says Community Will Have Input On Placement Of Crime Cameras; To Be Tied In With New Real Time Intelligence Center

Police Chief Fred Fletcher said Tuesday that the community will have input on the placement of cameras designed to deter crime. He told the City Council at a budget hearing that the cameras are part of a Real Time Intelligence Center designed to quickly analyze crime patterns so officers and detectives can react faster and with more knowledge about the situation. Chief Fletcher ... (click for more)

Robbery Arrest Made After Victim Gets New Replacement Phone And Pics Of Robbers Are Uploaded To New Phone

A robbery arrest was made after the victim got a new phone and then had pictures from her stolen phone uploaded to the new phone to her Cloud account. Among the pictures uploaded were photos of the robbers. The female victim identified Seth Benjamin Hardnett, 18, of 1703 E. 14th St., as one of the robbers from the incident on April 12. Hardnett was charged with aggravated ... (click for more)

Late-Night Harassment By The Signal Mountain Police - And Response (11)

I am writing about the misconduct of the Signal Mountain Police Department. This is a repetitive civil rights problem, systemic within their department, with no hint of remorse or regret or a notion to change, though they have been confronted numerous times.   I live on Signal Mountain. In the last few months, I have been pulled over three times while I was driving three ... (click for more)

Roy Exum: Hot Rod’s Catfish Dinner

It could well be the best part of playing a prank is in the delicious moments until your “fish” takes the hook. So yesterday afternoon, as I tried repeatedly to talk to a man I haven’t spoken to in 27 years, rather than leave my name I popped off the Happy Birthday song in a snappy, loud way and then ended it with a simple, “Call me,” adding my number. John “Hot Rod” Talley spent ... (click for more)