The hospital’s debts took a dive after a large payment went out to pay off the cost for improvements to the electronic health records (EHR) systems ― down to $643,576 owed from a former $1.2 million.
“We have made a significant payment on that with the money we received from the Meaningful Use (EHR incentive program),” CFO Doran Hammett reported, with CEO Liz Woodyard adding in that the debt was incurred previously, but payments were not required until funds began arriving from the incentive program.
“CPSI is a company we have that does electronic health records,” Board Member Tim Koeneman sai...
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