The new fiscal year is just underway for Warner Hospital and Health Services and Monday night at the Hospital Board meeting, the Board was informed of the record breaking year at the City owned facility.
CEO Paul Skowron indicates the cash reserves are over $9-million after they wrapped up their fiscal year at the end of April. He notes they were $2.2-million in the black.
Skowron explains they are going to be conservative with the $9-million in their reserves, the primary reason being the State of Illinois' fiscal mess.
Finishing in the black can be attributed to adding a local physician to their team. Skowron says that was a great contributor to their bottom line.
Skowron says Fiscal Year '18 should be another positive year again. He points to their addition of 3D mammography later this summer and then the addition of a pulmonary specialist they plan to add as well.