Gross revenue up
By DIONNE GLEATONT&D Staff WriterThursday, February 08, 2007
BAMBERG – Gross revenue increased for the Bamberg County Hospital and Nursing Center in fiscal year 2005-2006, the hospital administrator reported Monday to Bamberg County Council.
Hospital Administrator Warren Hammett said the medical facility received an unqualified 2005-2006 audit report. In addition, he reported that the hospital was chosen for the third year in a row as one of the top 100 hospitals in the nation on the Community Value Index of Cleverley & Associates, a health care data and consulting firm. The hospital also ranked in the Data Advantage Low Cost 100 Report and Low Charge 100 Report for the third year in a row and was ranked 14th in the nation for vascular procedures and 17th in the U.S. in the Low Charge 100 Report for vascular procedures, Hammett said.
“It tells you we are a low-cost provider,” he said, noting that while the hospital and nursing center’s total operating expenses increased approximately $2.8 million from 2005 to 2006, the gross revenue rose even higher at $7.4 million – from $49.4 million to $56.8 million.
“Our bottom line ... for the year was right at $1.2 million between the hospital and nursing center. We also provided over $2.5 million in charity care for the citizens of Bamberg County,” Hammett said.
Also during Monday’s meeting, Bamberg County Council received the county’s 2005-2006 fiscal year audit report from representatives of Murdaugh and Associates of Orangeburg. The report indicated that the county’s revenues and expenditures were up $500,000 and $250,000, respectively. Cash was up $185,000, with liabilities down by $400,000.
In other business, council:
The council first visited the issue during an October 2005 meeting. At that time, Bowers indicated that the changes would bring the county in line with U.S. Justice Department requirements.
The Justice Department had stated that by virtue of its racial makeup, Bamberg County should have four predominantly black districts and three predominantly white districts instead of the five predominantly black districts and two predominantly white districts it has now.
T&D Staff Writer Dionne Gleaton can be reached by e-mail at dgleaton@timesanddemocrat.com or by phone at 803-533-5534. Discuss this and other stories online at TheTandD.com.
