The Norman Transcript

Business

September 29, 2012

Outpatient visits on rise at local hospitals

(Continued)

NORMAN —

“Re-admission’s is a big issue right now,” Terrell said.

Hopkins reported that net operating income for August showed a loss of $1 million. Non-operating income was positive at $1.2 million, so combined Excess revenue over expenses was $200,000 for the month, $1 million behind August budget.

For the year-to-date period encompassing July-August, Net Operating Income showed a loss of $1.1 million and was $2.3 million below budget. Non-Operating Income was positive at $1.3 million and was $562 thousand above budget.

This upward trend in non-operating income was a welcom change over previous unrealized losses. Most of non-operating income results from investments.

Combined, operating and non-operating income show excess revenue over expenses for the YTD period of $223,000 which is $1.7 million below budget predictions, according to Hopkins’ monthly report to the hospital authority board.

Joy Hampton366-3539jhampton@normantranscript.com

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