| OCR Text |
Show Hospital rates to . got Sig boost they become infected with any one of them. Based on this information Mr. Stagg then pointed out to the Board exactly what each admission would cost the hospital in 1979. Mr. Maxey also noted that the records of the Beaver Valley Hospital indicate a total of 75 people from Mil-ford's Mil-ford's Service Area were admitted ad-mitted to the Beaver Hospital during 1978 and guessed quite a few were going to Cedar City's Hospital also. The loss in revenue from these patients not being admitted ad-mitted here is over$30,000.-00. over$30,000.-00. Asked if he had any explanation for these people going out of town for hospital care Mr. Maxey could give no other reason than a possible pos-sible desire to change physicians. physi-cians. He did comment on the problem of one of the members mem-bers of the medical community com-munity advising patients to seek care elsewhere based solely on his religious convictions, con-victions, but hoped this person per-son now realized his error, and that the problem has now been corrected. After deliberations, the Board set the room rates for 1979 at $115.00 per day on the stipulation that if the hospital shows excessive revenues at the end of 12 months, a reduction in that charge will be given high consideration. Mr. Stagg commented that this charge is not excessive due to the fact the Wasatch Front Hospitals are now charging $140.00 to $165.00 per day. v J The Board of Directors of the Milford ValleyMemorial Hospital heard a report from R. Ted Stagg, CPA (financial consultant to the hospital) at their regular monthlymeet-ing monthlymeet-ing in December. The hospital hos-pital is looking at a substantial sub-stantial operating deficit for 1978 due to the lack of patients being admitted. He reported the occupancy rate was less than 30 for the year and the break -even point is 50. John Maxey, Administrator, Adminis-trator, reported on a number of cost cutting efforts the hospital has undertaken, but the rate of inflation is de feating their efforts. Electricity Elec-tricity is now costing the hospital over $2,000.00 a month despite a massive program of cutting back on usage. Grocery prices are climbing faster than any other supply purchased. Mr. Maxey also reported it had been two years since the hospital employees had an increase in their salaries and it was unfair to them to ask for another deferral this year. Inflation is hitting them as hard as everyone else. Dr. Symond reported to the Board that he didn't anticipate antici-pate any significant increase in hospital admissions next year because of the preventative pre-ventative medicine program the clinic has going. He said they are nowinnoculatingthe communities senior citizens for prevention of diseases that normally wouldhave resulted re-sulted in hospitalization had |
