Video- Ray Reynolds (Glen Rose Medical Center) CEO Report-Finances-Cut Backs July 2016


 

Video- Ray Reynolds (Glen Rose Medical Center) CEO Report-Finances-Cut Backs July 2016
 


31 July 2016 at 8:27:05 AM
salon

Rough Transcript (watch video for exact) 
Reynolds: A follow up of where we are with trying to get our operating expenses in line with our expected revenue. The reductions, either through resignations or employee reductions, we have 11 positions on that list that totals 37624 a month in savings from employee reductions. We've reported this before, those people that are taking salary reductions, that 8,116 a month. Change in services, Dr L's contract and elimination of night coverage for cardio, 31,774 a month. Now have quantified the change made in employee benefits and quite significant.Matching of 403b eliminates10800. Emloyee contrib health savings 4550 at month, wellness credit cut in half , 6500 savings, not big but a savings, Eliminated employer paid life insurance. Big saveings change to employer contrib to employee health insurance was 21,500 a month addition 7500 a month moving from CHC in house (that was their management fee). Total 51,500 a month savings a month. We recognize many of those expenses we're pushing back on the employees. Employees have been receptive. Have lost 2 or 3 because of it. 1 million 548 a year. Hats off to management staff
 

Reynolds We collect about a million a month in employee services, 100,000, 90,000 in other income, rental from nursing home, services to plant. Goal to get operating expenses under a mllion dollars. Good news, grant received, SHP grant, (Small Hospital) used for training and safety and health investment projects. 

 


Permalink Tags:          
     Views: 498 
Latest Blog Post by salon -Most Popular Posts on Somervell County Salon in 2017
More Posts You Might Enjoy
Why Did Ray Reynolds of Glen Rose Medical Center Keep Liz Morgan On After She was Convicted? (Pled Guilty 3rd Degree Felony)
Glen Rose Medical Center & 501a -More on Slush Fund (October 2017)
Just Wondering-Why Doesn't Somervell County Commissioners Court Have a Public Comment Section?
Harsh! Sandra Ramsay Doesn't Want YOU to easily know what happens at Glen Rose City Meetings

 You! Leave a Comment! You Know you Want To!
You must be a registered member to comment on the blog.
Your first post is held pending approval to make sure you're not a spammer bot

 Not registered? Or you can login!

LOGON - Name:Password:

New poster comments are moderated, meaning they won't show up until approved... or not.  Be patient-we have lives outside this blog, so it might take awhile You want to be rude? totally stupid? inappropriate? Racist? Bigoted? Flame war baiter? Your post may be deleted. Spammers or people posting pretend interest comments but really wanting to hawk their latest book or sell stuff or govt propaganda flacks won't see their posts published. Comments do not necessarily reflect the viewpoint of the site owner(salon).
If you have a problem with logging in or registering, please speak up right away. Love your comments. Oh, except spammers
More on commenting



Click Here for Main Page

Latest Posts

Most Popular Posts on Somervell County Salon in 2017
salon 12/21/2017

Why Did Ray Reynolds of Glen Rose Medical Center Keep Liz Morgan On After She was Convicted? (Pled Guilty 3rd Degree Felony)
salon 10/25/2017

Glen Rose Medical Center & 501a -More on Slush Fund (October 2017)
salon 10/25/2017

Video- Texas Bathroom Bill Saga in 5 minutes
salon 8/22/2017

Since Donald Trump Loves Confederate Statues so much, why not offer to put them at Trump Golf Course Clubs?
salon 8/19/2017

Summer Ahead- Light Posting (2017)
salon 7/31/2017


More Blog Headlines
 



Comments

salon > From the Dallas Observer in 2015 Prestonwood Baptist Church and its supporters have never liked talking about the convicted pedophile who once worked there and have let that be known in very pointe.... (Prestonwood Baptist Church in Dallas Back in the News-Internet Sex Sting with Pastor)

salon > Saw this video today   (Pesky Black Buzzards)

salon > Adding a comment after Donald Trump's false equivalence of the KKK/Nazi/White Supremacy rally in Charlottesville. (Prestonwood Baptist Church in Dallas Back in the News-Internet Sex Sting with Pastor)

salon > Update on letter grading from Texas Lege May 2017 In the compromise version of the bill, schools and districts would be graded in three categories: student achievement, student progress and closi.... (Letter Grades in 2017 for Glen Rose ISD and Brazos River Charter Schools)













Home | Blog Home | About | News | Piazza | Calendar | Audio/Video/Open Rec | Search
Write!  |profile | quotes |
top Daily | top Weekly |top Month | top Year | Top All! | archives | subscribe RSS