DMH projects to end fiscal year in the red

Posted on April 29, 2015

Facing a $1.8 million drop in outpatient revenue over the first nine months of the current fiscal year, Doctors’ Memorial Hospital (DMH) is projecting to finish the year with a negative bottom line.

DMH CFO Doug Faircloth addressed the Taylor County Commission last week, presenting the hospital’s financials–ending Feb. 28–for the first nine months of the fiscal year. (DMH’s fiscal year runs June 30-May 31.)

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