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Archive for Wednesday, August 26, 1992

LMH BOARD HEARS BUDGET REPORT

August 26, 1992

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Lawrence Memorial Hospital did not meet anticipated revenues in July due to a drop in admissions, but did show an increase in emergency room visits, LMH Executive Director Robert Ohlen told the hospital's board of trustees this morning.

However, the net income for the year still exceeds the hospital's budget by about $214,000, he said.

"We must remind ourselves that the budget is a planning document," he said. "There is no reason to press the panic button yet."

Although admissions were 11 percent below projections, emergency room visits increased. Ohlen said he expects revenue to be near expectations by the end of the year.

In July, the hospital purchased $37,000 worth of recovery room equipment, spent $19,000 for ceiling-mounted surgery lights and paid $9,000 for a new nursery incubator.

Also this morning, the board got its first look at the Continuous Quality Improvement film. This film was designed to explain how the hospital plans to improve it services to its customers.

"This is the first step of our journey," said Patrick Parker, director of pharmacy and I.V. therapy at LMH.

The film, made internally by hospital staff, explains the CQI process of using teamwork to find solid solutions to problems.

"We want the staff involved in finding the solutions," Parker said. "The people doing the work best know what the processes are and how to improve them."

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