Hospital Officials Credit Reorganization For Profitable 2016Posted: Updated:
Carthage Area Hospital brought in hundreds of thousands of dollars in 2016 and is now operating in the black for the first time in seven years.
According to a recent audit, the hospital made over $400,000 just in operations alone.
It's the first time since 2009 that the hospital ended a year with a profit.
"It's been a huge effort on behalf of administration's restructuring plan as well as the entire staff," said hospital marketing director Taylour Scanlin.
That restructuring plan started in 2013. The hospital started closing clinics in places like Adams and Cape Vincent, it cut down from 78 beds to 25, and laid off 90 workers.
Since then, those workers were offered their jobs again and came back if they wanted to.
"We made responsible decisions in order to preserve the hospital," Scanlin said. "The hospital's gone through a lot, but most importantly we want to ensure that the hospital stays here for years to come."
Hospital officials say they're happy it's operating in the black, but they continue to look for ways to improve.
"We must remain nimble and be able to change with whatever comes down the pipeline from whatever happens with the ACA (Affordable Care Act)," Scanlin said. "I think that's going to be really important as that comes down the line so that we can continue to adapt."
The money-making trend has continued so far for 2017. The hospital made over $100,000 in its first quarter, compared to just about $800 it made the same time last year.