Most Active Stories
- Kentucky Secretary of State Alison Lundergan Grimes is Running For Re-Election
- Kentucky School Districts Brace for $8M in State Cuts
- Prairie State CEO to PPS: "We Are Focused on Eliminating Everything that has Brought us Offline"
- State Rep Kenny Imes Announces Bid for Kentucky Treasurer
- Army Study Analyzes Cutting 16,000 Personnel from Fort Campbell
Mon August 3, 2009
Henry County Medical Center Posts First Loss Since 1992
By Chris Taylor
Paris, TN – Henry County Medical Center is finding that healthcare is not recession-proof, as it reports its first net loss since 1992. The end of the fiscal year marked a loss of almost $400,000. Administrator Tom Gee says that although bad, the situation could have been much worse. The hospital was looking at a loss nearing $700,000, but saw an upturn in revenue at the last-minute. The hospital is now averaging sixty-five patients a day and expects positive reporting in the month ahead.