Hospital Trustees Approve $36 Million Budget

(Le Mars) — Recently, the board of trustees of the Floyd Valley Hospital approved its budget for the upcoming fiscal year.  Hospital Administrator, Mike Donlin says the hospital’s budget at $36 million dollars could compare to many small cities.

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Donlin says the hospital’s financial position is looking good.

 

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Donlin says the hospital anticipates expenses could be slightly higher this coming fiscal year.

 

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The hospital administrator says there are many items to be considered for the next year’s budget.  He previews the issues that he believes may play a factor in the hospital’s budget and finances.

 

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Donlin says some of the specific health related services may see a modest increase for the next year.

 

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Donlin says doctor recruitment is an on-going process for any hospital. Within the past couple of years, Floyd Valley has lost Drs. Doorenbos and Duncan to retirement. However, Aquino, Geha, and now Odens have joined the medical ranks at Floyd Valley.  So, is Floyd Valley Hospital sufficiently staffed for family physicians?  Donlin says the hospital reviews its doctor recruitment plan every two years.

 

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The Floyd Valley Hospital Administrator says the Le Mars-based hospital has been fortunate to maintain a consistent patient volume.

 

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Floyd Valley Hospital’s fiscal budget year begins on July 1st and ends on June 30th.