Tyrone Hospital sees increase in income
Tyrone Hospital increased its net income from fiscal year 2012, officials revealed at a community meeting on Monday.
Hospital treasurer Todd Lewis told a group of about 30 community residents and hospital staffers that the hospital finished with a net income of $765,261 after expenses, a 52 percent increase from the year before.
“The phoenix has risen,” hospital CEO Steve Gildea said.
The hospital also saw a 25 percent increase in inpatient surgeries, according to Lewis’ report, though outpatient surgeries decreased by 4 percent.
Lewis said these figures can be “a little bit of a roller coaster” and that the numbers are in line with the trends officials have been following for several years.
Gildea said the hospital has created 19 jobs since June 2012 and seven more are expected by the end of this year. Projects in 2014, Gildea said, will create five or more additional jobs.
Gildea introduced the group to the new Workforce Wellness Solutions program, which seeks to help area employers provide more comprehensive care to employees. It also would help train employees to prevent workplace accidents and limit worker’s compensation payments.
The program will work in conjunction with other area medical providers. Fit2Work Corporate Wellness will offer training to help employees – especially those doing manual labor – prevent strain and injury.
Orthopedic care and physical therapy also will be a part of the program, Gildea said, because 80 percent of worker’s compensation claims are related orthopedic injuries.
The hospital will offer discounts to its new Health and Wellness Center.
Gildea said the hospital is also launching a Rural Health Clinic, which will open in October. The clinic will supply medical care to residents who may be out of the reach of larger hospitals. Gildea named Phillipsburg and Houtzdale as examples of communities that would be served the center.
“We are looking to expand to some of the other unserved communities,” he said.
Renovations will begin next week for a Digital Mammography Suite in the Breast Cancer and Women’s Health Institute, Gildea said. Hospital officials are hoping to host an open house at the suite by late October, he said.
Kelly Wike, president of the hospital’s board of directors, said officials are looking to revive the corporate advisory board, which “fell apart” shortly after its previous inception. The first meeting will be held Oct. 1 at 6:30 p.m. and is open to the public.
Wike also said the board is beginning planning for a celebration to recognize the hospital’s 60th anniversary next fall.
She said the anniversary will remind the community of the options to the hospital offers to residents.
“They always have a choice in where to receive their health care,” Wike said.