DMH posts net loss of $351,000

Posted on May 17, 2013

Doctors’ Memorial Hospital (DMH) officials recently unveiled their financial figures for the first nine months of the current fiscal year, which showed the hospital facing a $351,000 net loss through February.

Compared to the previous fiscal year over the same nine months, the hospital reported an uptick in net operating revenue and a slight decrease in net operating expenses, although the hospital still had an operating loss over this period of $2.2 million (a $119,000 improvement over the previous year), according to figures presented to the Taylor County Commission last week by DMH CEO Gerri Forbes.

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