Treasurer’s Financial Snapshot from the 10/30/24 Board Meeting

​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
 
Three months into fiscal year 2025, our financial condition remains strong, but we continue to experience weakness in patient revenue, producing monthly and year-to-date losses in net income.  Various factors have contributed to a deficit in Primary Care visits, primarily a shortage of Primary Care providers.  We hope to remedy that shortage in the coming weeks.  While revenues fell short of budgeted amounts, expenses remain under good control, and we feel confident that we can continue to meet whatever financial challenges arise.
 
Details on the latest financial results can be found in the board meeting packet for October 30, 2024, on the RCMS website:
Board Agenda and Packet