DCHS reports 2020 financial performance
IRON MOUNTAIN — Through September, Dickinson County Healthcare System’s year-to-date bottom line is a positive $3.92 million, according to a recent financial report.
DCHS had $8.91 million in operating revenues in September and expenses totaling $9.41 million that resulted in an operating loss of $503,388. After the calculation of non-operating revenue and expenses, the month closed with a break-even bottom line, the hospital said in a press release.
For the month, DCHS cared for 145 inpatients and 12,650 patients in the outpatient hospital setting. A total of 7,732 patients were seen in physician offices.
In other news from the hospital board’s Oct. 15 session:
— President and CEO Chuck Nelson said work continues with Berkeley Research Group, as $3 million has been identified as potential savings to the organization through either cost reductions or revenue enhancements.
— The Dickinson Regional Heart Care Clinic, led by Dr. Clayton Shaker, has begun seeing patients in a new clinic located in the Dickinson Medical Building, suite No. 115.
— Tamara Juul, Dickinson Hospital Foundation director, thanked all those who assisted with the lobby renovation project. A new gift shop will be opening soon.
— A newly launched patient experience training program has seen 80% participation from the staff with a goal of 100% by Nov. 1. The training is part of a comprehensive program to improve the patient experience.