PMC revenue exceeds expenses

Petersburg Medical Center has continued their spike in revenue into the second month of the fiscal year, with a total operating revenue for the month of August that was 26 percent above expectations, according to a financial report PMC Controller Rocio Tejera presented to the Board of Directors at their meeting on Sept. 24.

PMC had budgeted for $1,619,830 in total operating revenue in August, but instead brought in $2,045,120. A high number of patient days for the month drove up the total operating revenue, said Tejera. Patient days is the number of patients PMC sees in one month times the num...