After months of struggling with reduced staff and financial shortages due to COVID-19, South Central Kansas Medical Center is starting to get back on its feet, hospital trustees were told during the December meeting. CFO Debbie Hockenbury reported that the hospital saw a gain of $1.15 million in November, giving it a year-to-date total of $7.9 million more revenue than expenses. Much of the gain was due to a large adjustment in deprecation expenses. Board Chair Dan Jurokovich said Monday that the $7.9 million surplus was largely due to $10,808,496 in funds received through the CARES Act relief money, and Medicare and Medicaid advances. He said without those funds, the year to date loss for 2020 would have been more than $3 million. The medical center broke even in December.
Source: The Arkansas City Traveler
