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Paynesville Press - November 3, 2004

PAHCS exceeds expected profits for fiscal year

By Michael Jacobson

The Paynesville Area Hospital District Board of Directors took the following actions at their meeting on Wednesday, Oct. 27.

*The board reviewed its financial statements through the end of the 2004 fiscal year, which ended on Sept. 30. PAHCS recorded a profit of $1,268,400 during that fiscal year, supassing its budget of $580,900.

The final numbers for the 2004 fiscal year will be known after PAHCS's annual audit, which is still pending.

*The board approved the appointment of Kris Cervin, Pharm.D., to the ancillary medical staff. She has completed her provisional period.

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