Geary Community Hospital could make an announcement in the near future about a potential future partner. Theresa Bramlage, Hospital Board of Trustees Chair, said a Task Force is looking at all the options on that subject.
Bramlage confirmed that they are close on obtaining a partner. "I would say within the next 30 to 60 days we'll have an announcement. "
JC Post asked Bramlage if Geary Community Hospital would retain control of its operations. "That is yet to be determined. We are in collaboration not only with potential partners but also with the county. We want to make sure that everyone is on the same page as we go forward."
GCH has been facing financial challenges for some time. According to the monthly financial statement reviewed at the hospital board meeting, Geary Community had a net operating loss of $854,215 in February, but there was an increase in nonoperating revenue of $2,358, 617 after nonoperating revenues and expenses were factored together. A $2 million PPP ( COVID ) loan that was forgiven was a big factor in helping lift GCH into the black in that category resulting in a $1,504, 401 increase in net position for February.
Bramlage provided her reaction to JC Post on, the financial report. "That we're still in crisis mode. It's crucial that we have a partner to continue to provide healthcare four our community. " Otherwise we won't be? "That's correct."
During the Hospital Board meeting on Tuesday Dr. Tom Craig briefly mentioned an upcoming hospital partnership, noting that there is excitement but everyone is on hold for now.
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