COLDWATER, MI (WTVB) - The Community Health Center of Branch County continues to buck the trend in what’s happening with smaller hospitals in Michigan and that’s a good thing for CHC according to the 2012 audit reviewed at last night’s Health Center Board of Trustees meeting.
Mark Blessing, with the CPA firm that annually audits the hospital, told the Board that many of the health care facilities that they represent are continuing to struggle to improve their operations contrary to the situation at the hospital in Coldwater. Blessing termed it unusual the on-going improvement at the Community Health Center and said it had to be gratifying to the Board to witness the positive performance.
The audit included what’s considered an “unmodified” opinion, the highest level of assurance that can be presented. Meanwhile, the most recent financial report for this year showed that CHC posted a net profit for the first quarter of 2013 ending March 31st totaling $240,000. That’s considerably less than the $802,000 that had been projected for the first three months of this year and also less than the $383,000 profit recorded for the first quarter of 2012. The budget variance so far this year, according to CHC Chief Financial Officer Steve Anderson, comes from lower than expected volumes in general surgery, OB, and behavioral health.