Graham Regional Medical Center’s budget is feeling the weight of a hospital-wide transition from paper to digital record keeping.
GRMC’s interim Chief Financial Officer Chris Dover presented the May financial report to the board of directors at its June 26 meeting and, although the hospital spent $222,488 more than expected, said overall it was a “solid month” for the medical center.
Revenue for the hospital was on budget at $1.9 million, according to the report. However, the hospital was forced to spend $230,591 over May’s budget for operating expenses of $2.2 million. Dover explained that the hospital had to pay more than expected in three areas.
“The first one there is salaries and wages. We’re about $22,000 over budget for the month,” Dover said.
Unplanned costs came from paying staff members overtime while they learned the new digital system for patient record keeping, called Meditech. The final piece of the digital system went live on Tuesday.
“Our clinical staff has not only been tasked with learning the new system, but keeping up their day-to-day responsibilities,” Dover said
Read the entire story in this weekend's Graham Leader.