Treasurer’s Financial Snap shot from April 2024

The RCMS Board is committed to increasing transparency and communication with the community. Each month we will share a financial snapshot. Complete financial reports are available on our webpage via the link at the end of this post.

RCMS Treasurer’s Financial Snapshot by Drew McCalley
 
As of the end of March, RCMS's financial results are close to budgeted levels, and our financial position remains strong. Primary Care visits continue to run below budget, while Urgent Care visits continue to run above budget. It appears that word has not yet gotten out in the community that RCMS Primary Care is now fully staffed, with wait times for appointments almost disappearing. Overall, patient service revenue remains above budget year to date. The bottom line dipped below budget temporarily, due to the timing of a major donation, but expenses remain below budget. Personnel expense is trending upward and will be over budget for the remainder of the fiscal year ending in June. Despite these financial challenges, we remain confident that we will be able to maintain our sound financial condition going forward.

Details on the latest financial results can be found in the board meeting packet for April 24, 2024, on the RCMS Board page on the website.