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Hospital Board dips into reserves

WALSENBURG- The Spanish Peaks Regional Health Center Board of Directors met last Wednesday, where the 2009 budget for the consolidated district was presented.  After taking a financial beating over the past year, newly appointed President Todd Oberheu had to ask the hospital’s holding company for a million dollars to be pulled out of reserves.  The Board agreed to the amount.  “We’ve  had a lot of capital expenditures this past year,” Oberheu commented afterwards.  “We invested in a lot of equipment.”

    The budget saw a net increase in unrestricted funds of $89,423, which is made up from district revenues of $36,463, nursing home revenues of $478,728 and a loss by the hospital of $824,433.  The difference is referred to as eliminations of $398,666.

    In other news, the hospital has signed on a new physician- Dr. Lynne Johnson, who is a family practitioner from Texas.  She will be on staff by March.

    Lastly, SPRHC will be holding a “Heart Healthy Day” at the facility on Feb 11 from 8 am to 2 pm.