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CMC in Falls City Holds Annual Public Meeting

By John Nixon

03/26/2012

Community Medical Center in Falls City presented the hospitals 2011 annual report to the public last week. Hospital Administrator Ryan Larsen said the hospital has a strong overall performance in 2011 including a strong financial base and noted the hospital is in a good cash position.
    Larsen commented on the hospitals finances. ( play audio 32 seconds)
    CMC had net patient service revenue of more than $17,779,000 in 2011 and total operating revenue of just over 18-million dollars. The hospital revenues were $777,748 higher than expenses. Larsen also noted the hospital is paying off about $250,000 annually on the principal owed on the building while still putting around $120,000 per quarter into a debt sinking fund to pay for new equipment as it becomes necessary in the future. The average number of patients per day in the hospital in 2011 was between 12 and 13.
    Larsen said an annual study of rural Nebraska hospitals indicates patient costs at CMC are in-line with rural hospitals around the state. ( play audio :25 seconds )
    In addition to a strong financial position, Larsen says the hospital in Falls City continues to make improvements in the areas of patient services.
( play audio :19 seconds )
    CMC also received good ratings in comparing various aspects of patient care. ( play audio :32 seconds )
    It was also announced during the meeting that in 2012, CMC is going to help Blue Valley Mental Health provide more services to the community. ( play audio :46 seconds )
    Tomorrow we will hear about some of the hopes for the future of Community Medical Center in Falls City.

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