The Greene County Medical Center Board of Trustees met Thursday in regular session.

The Board approved three resolutions in regards to loans for the expansion and renovation projects. The Board approved to issue $18 million, split over two bonds at $9 million a piece, from the United States Department of Agriculture with a 2.375 percent interest rate. The Board also approved a $2 million bond issue loan from Home State Bank with a 3.72 percent interest rate. Both loans will close on October 5th.

Then the Board reviewed the financial report. In August there were 46 patient days and 32 skilled days, which were the lowest volumes recorded since the 2016 fiscal year. Occupational Therapy saw a rebound from July to August in patient volume from 251 to 479 respectively. The month-to-date operating revenues were $1,720,598, which was slightly lowered than what was budgeted at $1,854,758. The expenses totaled $2,360,769, which was higher than what was budgeted at $2,271,806. The hospital operated last month with a $496,361 loss.

Auxiliary President Ann Frederick presented their annual report. She said they have 130 members, with 100 of them as “active” members. Over the course of their fiscal year, they accumulated 9,795 volunteer hours and provided $3,000 in scholarships to graduating high school seniors who are entering a healthcare-related field in college.

Finally, Caleb Stockton with Stockton Facilities Management Services reviewed the final items for the expansion and renovation projects. He said they will hold back the final five percent retainage payment to the contractor, Woodruff Construction, until they sign off on all final repairs and concerns are addressed. The overall budget was about $1,000 under $22.8 million. However, an additional $20,000 will be paid out of the medical center’s operating funds, due to owner-requested design changes to parts of the project.