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Health center revenue down

Wednesday, August 26, 2009

The Flint Hills Community Health Center Board of Directors had a relatively light agenda Tuesday during their monthly board meeting.

During the meeting, board members discussed the July financial report. During the month of July, net patient revenue was $183,068, which was $50,902 below the budgeted amount but an increase of $9,132 in June. Medical encounters also increased in July from 1,396 in June to 1,402 in July.

According to the financial report, July operations resulted in a net income of $138,602.94 which is $46,141 under the budgeted income amount. This is primarily due to the economy and patient volume being down. The clinic also is short a physician, which affects the number of patients that can be seen. Along with revenue going down, expenses also are down.

In other business, the board heard a report from Betty Murrell, chief financial officer, on the Capital Improvement Program projects the health center is preparing to start. Security cameras have been placed and the new telephone system will go live on Sept. 1. The parking lot will be resurfaced beginning Thursday and a pre-bid conference for a new boiler system was held recently. In addition, the health center also is looking at waterproofing the outside of the building and painting the inside of the building.

In written reports, July 340B activity reported by Graves indicated that 966 prescriptions were dispensed to 594 patients. The average cost to the client was $6.67 per prescription with the average cost to patients greater than 100 percent of the Federal Poverty Level at $4.70.

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