Officials: Hospital rebounding from bankruptcy
NATCHEZ — Natchez Regional Medical Center officials say the hospital’s financial problems should be cleared up by the next fiscal year.
According to the Natchez Democrat, CFO Charles Mock says the hospital will pay off its debts in compliance with bankruptcy orders.
Mock talked Monday with members of the Adams County Board of Supervisors.
Mock says the hospital will have enough money to pay current vendors in the 2011-2012 fiscal year under bankruptcy requirements and have some extra for capital improvements.
NRMC budgeted revenues of $49.9 million and expenses of $48.2 million for the next fiscal year, according to information given to supervisors.
Under a bankruptcy order, NRMC will pay $1.74 million to vendors.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- Yarber could be sworn in today as new Jackson mayor
- After review, MSU moves forward on new research facility
- Ole Miss launches commitment to be 'climate neutral'
- Pharma Pac lays off rest of workers; could end up owing state
- SpaceX, Stennis officially open new rocket test stand
- Acco Brands investing $1.6M, adding 162 workers
- Gulf LNG terminal mulling export opportunities
- Secretary of State's Office transitioning to new location