Despite uncertainties in Springfield and Washington over the future of healthcare, 2017 has been an outstanding year for Wabash General Hospital. At Monday night’s WGH Board of Directors meeting, CFO Steve McGill reported that the hospital registered its’ highest gross revenue ever in October at $10 million. He said an increase in in-patient surgeries was a main factor in the spike in business. In addition, the state paid WGH $1 million in past insurance claims for state workers and more than $425,000 in overdue Medicaid reimbursements. CEO Jay Purvis told the board that the hospital is well positioned for future challenges…
Also Monday, the board got its’ first look at the 2018 budget that calls for an average 3 ½% rate increase and totals almost $100 million, up $5 million from this year’s budget. The board took the proposed budget under advisement and will act at their December meeting.
