Tuesday, November 23, 2010

The Magic of Numbers

י״ז בכסלו תשע"א
Shamash 20

I feel my good work is vindicated now (after this nursing facility fired me this past August 2nd for refusing to discipline one of my union restorative staff without written policy support) after I worked so hard to drive their total Medicare-A reimbursements up 40.2% during the first full quarter of my employment there. Now, and I quote - "After a series of months in the black, finances at the Champaign County Nursing Home have taken a turn for the worse ..."

I just came across this - the News-Gazette reported 10/18/2010 (a month ago):

URBANA – After a series of months in the black, finances at the Champaign County Nursing Home have taken a turn for the worse.

But the facility is still about $100,000 ahead for the year, the county nursing home board of directors learned Monday night.

August and September turned out to be tough months for the county-operated facility, with a loss of about $24,000 in August and another $15,000 in September, according to nursing home director Andrew Buffenbarger. That came after three consecutive months with net income of $66,191 to $91,766.

August originally was in the black until officials discovered that not enough money was being deducted for retirement expenses. All of the mid-year correction of about $47,000 was taken in August, resulting in a loss for the month of $24,000. The loss in September was attributed mostly to pharmacy costs and higher than expected staffing costs.

Their census is down too, making it even worse.

Just the facts.

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