Revenues aren’t reflecting recent trends in patient volumes at Newman Regional Health just yet.
Chief Executive Officer Bob Wright says patient volumes are getting close to pre-COVID levels, making that statement after Wednesday’s Board of Trustees meeting.
The hospital had a monthly net loss of $11,000. Year-to-date, the net loss is around $700,000. The hospital is also still grappling with federal guidelines for repaying COVID-19 relief dollars, and that process is still not yet finished.
In other business, the hospital continues moving forward with plans to refresh the Jones Breast Care Center with new equipment and other renovations.
Newman Regional Health has asked for $380,000 in funding from Lyon County, which will help to pay for the new mammography equipment and also help to generate more in grants and other outside funding for the project. The entire financial outlay could be above $600,000. Board members approved the project shifting into the hospital’s strategic plan as part of the meeting.
Separately, Wright updated the board on something that will be brand-new to the hospital in the coming year or so: robotic surgery. Wright says the initial cost could be over $2 million for the base equipment, along with around $200,000 worth of instruments and close to $90,000 for other equipment. However, he says it will be vital for certain practices, including gynecology and urology, to have the robotic option available. He also says it will help with lower blood loss and shorter patient stays.
