Hospital expenses see big drop

Decatur Daily Democrat:

A financial statement released by Adams Memorial Hospital Chief Financial Officer Dane Wheeler at a recent meeting of the Adams Health Network Board of Trustees noted that the organization has had nearly $300,000 fewer expenses this year than at a same point in 2011 and thus has a positive balance of $266,428.

Total operating revenue (after contractual discounts and bad debt) for the first three months was said to be $10,354,426, with expenses of $10,321,095. An additional non-operating revenue of $233,097 gives the hospital the larger amount of money.