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  • Last modified 5399 days ago (Aug. 25, 2010)

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St. Luke is $70,000 under budget for construction

Staff writer

After reviewing bids from Hutton Construction Tuesday evening, St. Luke Hospital Chief Executive Officer Jeremy Armstrong said that the hospital construction project is $70,000 under budget.

Ideas previously jettisoned because of budget concerns were reintroduced into the construction plans, including a canopy over the Emergency Room entrance, limestone work around the emergency room, and a walk-in cooler.

Armstrong said he will meet with Hutton representatives every two weeks to receive updates on the construction process.

The $70,000 gained in the construction budget contrasts the $50,221 lost in August because of contractual adjustments. St. Luke is $1,331 in the red with two months remaining in the fiscal year.

“We’re pretty confident we’ll come out with a pretty good bottom line,” Armstrong said.

The board approved the 2011 operating and capital budgets, which projects a 7 percent revenue increase, based on increased patients’ costs across the board, to offset a 6 percent increase in expenses, leaving a margin of 2.3 percent, according to Armstrong.

In other business:

  • After a 30-minute executive session to discuss personnel, the board agreed to allow administration to continue searching for a new full-time physician.
  • Armstrong was also looking into the possibility of extending pediatrician Derrick Brown’s lease arrangement with the hospital.
  • Armstrong presented the board with a draft of a strategic plan designed to increase physician recruitment for the hospital.

Last modified Aug. 25, 2010

 

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