MASSENA - Hospital officials have reported they turned a profit for the month of March, after continuous months of running in the red due to diminished revenue and rising expenses.
During March, Massena Memorial Hospital pulled in revenue of approximately $4.293 million and spent $4.256 million, a profit of $47,099.
Tina Corcoran, senior director of public relations and planning for MMH, attributed the gains to increased visits at the walk-in clinic, which treated 612 patients in March, surpassing the 500 visits the hospital budgeted for that month.
Its a constantly growing clinic. It helps maintain some of our market share in the community, Ms. Corcoran said.
The addition of new doctors with new skills has also helped increase revenue, MMH officials say.
Zachary Chapman, senior director of practice management, said the hospital has benefitted greatly from Dr. Keian Tang, the hospitals first full-time neurologist, joining the staff.
Dr. Tang, who moved to the region from Schenechtady and began at MMH in January, has provided new services for the hospital, such as treatment for dementia, migraines, the onset of strokes and other neurological diseases.
Since his start in January, Dr. Tang has seen more than 600 patients.
Hes a welcome addition to St. Lawrence County due to the lack of a neurologist in the country, Mr. Chapman said.
However, Ms. Corcoran feels the hospitals strong financial month was not limited to one or two new services, but was rather a collaborative effort on the part of the entire hospital staff.
Our staff has been very conscious of our budgets, Ms. Corcoran said.
Though MMH saw a net profit of roughly $47,000 in March, the hospital has a year to date total loss of $996,931.