Finances tight at Stonewall Memorial BY JEFF HURT

News Staff's picture

With solid assets, SMH remains financially stable, but with foul weather causing significant construction delays, hospital CFO Lou Robbins explained to the board last week that finances are currently tight.

Robbins reported an operating loss of $157,000 and explained that while the loss was little worse than forecasted, it remained in the general ballpark. He added that the balance sheet showed hospital had around $174,000 in cash.

To read more please log in or subscribe to the digital edition

Rate this article: 
No votes yet