WCH Posts $340K Loss For First Quarter

The Washington County Hospital Board met for their regular monthly meeting for August on the evening of Tuesday, August 25 and heard from the WCH Chief Financial Officer Elaine Matzenbacher that money is down for the first quarter of the fiscal year.

Overall first quarter losses stand at $341,816, with a loss of $190,081 for the latest month reported, July.

Patient days, outpatient services and surgeries were all down from this point last year, while employee expenses, particularly vacation days and healthcare costs were up.

The board also heard an audit report from auditing firm Eide Bailey, which was approved.

Electronic Health Records

WCH is awaiting rules on how information related meaningful use, the electronic records portion of the Affordable Care Act, needs to be reported. Reports could cover 90 days or 12 months.

There are two parts to meaningful use, hospital and ambulatory. For the hospital side, everything is on track, but on the ambulatory side, WCH still needs increased participation in the patient portal, which allows patients to view their records online. A certain percentage of Patient Portal usage is required for continued funding under Meaningful Use.

Hospital President and CEO Nancy Newby stated that WCH had received a $5,000 grant which they will be using for diabetes education. There is currently a clinic and diabetes series going on through September which is open to the public.

Newby presented her quarterly report as well and covered improvements that have been made at WCH, including patient rooms and other maintenance issues and increases in the use of new services the hospital offers.