MTHCD Financials<\/a>.<\/p>\nMARK TWAIN HEALTH CARE DISTRICT:
\nThe Statement of Revenues and Expenses for the District reported an operating gain
\nbefore Programs and Events of $22,307 as compared to the budgeted operating income of
\n$16,447. For the month of May total revenues were above budget due to an adjustment to
\nproperty tax revenue based on the first tax apportionment that was received in February.
\nTotal expenses before Programs & Events were 5% over budget for the month due to higher
\nthan expected operational consulting costs, legal fees, and payroll expenses. Year to date,
\nutility costs are 62.1% of District tax revenue.<\/p>\n
Programs and Events expenses in May were $2,066 versus a budget of $9,042. YTD
\nPrograms and Events are $97,969 versus a budget of $186,459.
\nOperating income after Programs & Events in May was $20,240 versus a budget of $7,405.
\nYear to date Operating income after Programs and Events was a profit of $66,406 versus a
\nbudgeted loss of < $5,545>.<\/p>\n
The Minority Interest in Mark Twain Medical Center decreased by < $342,649> in May
\nversus a budgeted loss of < $72,300>, due to losses from the operations of the Medical
\nCenter. Year to date, Minority Interest in Mark Twain Medical Center has decreased by
\n< $2,837,242>, which is the District share of the < $5,674,544> of losses from operations and
\ninvestments of the medical center. This is a 14% decrease in the District\u2019s Minority Interest
\nfor the year.<\/p>\n
The District\u2019s cash and investments balance as of May 31, 2016 is $1,533,402 as compared
\nto the yearend balance of $2,386,298; the change is mostly due to the $903,112 purchase of
\nland for the new Valley Springs clinic location.<\/p>\n
\u201cThrough community collaboration, we serve as the stewards of a community health system that ensures our
\nresidents have the dignity of access to care that provides competent,<\/p>\n","protected":false},"excerpt":{"rendered":"
San Andreas, CA…The biggest item on yesterday’s Mark Twain Health Care District Board meeting was pushed back until the August 24th meeting. There may need to be some state specific contract adjustments. The agenda item was: “Consider approval of an agreement with Quorum Health Resources LLC for a financial, operational and strategic assessment of hospital […]<\/p>\n","protected":false},"author":1,"featured_media":22595,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_cbd_carousel_blocks":"[]","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,9,3,21,20,33,4,14,18,1,8,31,42],"tags":[],"class_list":["post-22593","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-angels-camp","category-arnold","category-business","category-copperopolis","category-featured","category-health-fitness","category-life-style","category-mokelumne-hill","category-murphys","category-news","category-san-andreas","category-valley-springs","category-west-point","last_archivepost"],"jetpack_featured_media_url":"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2016\/08\/Calaveras-map-with-hospital-and-FMCs-identified.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/22593","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22593"}],"version-history":[{"count":0,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/posts\/22593\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=\/wp\/v2\/media\/22595"}],"wp:attachment":[{"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.thepinetree.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Mark](\"https:\/\/new.thepinetree.net\/wp-content\/uploads\/2016\/08\/Calaveras-map-with-hospital-and-FMCs-identified.jpg\")
<\/a><\/p>\n