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Slightly better financial year for the hospitalI By BONSIE VAN GILDER Annual repom. new wtees, and executive committee Officers were presented MonQy night at the 19th Annual Meeting of the board of trustees at the Oak Ridge Hospital. The meeting was held at the hospital. Marshall Hhismnt. haspital president. said t h s morning, “FmanciaUy. the fiial year just ended was a littk better than.the He added. “We are able to meet our curent obhgabons. but we don‘t have any funds a t the present time to buy new capital equipment.“ He went on to say’hey expect to have the money lor capital items avallabk in a few mmthsdue to i n the winter mnths and the cumulative effects of a rate increaseinsbtutd last year. Oflicers of the executive committee for the coming year are George Jasny, director of engineering at bnion Carbide, chairman: Herman Postma, director of Oak Ridge National Laboratory. vice chairman; Ihnald >laxwell. president of t h e Bank of Oak Ridge, secretary: and Thomas Ycunt. consul?nt for the Department of from lhe O a k Ridge ttospilal tion of The Oak Ridger. Other executlve cornmitee members approved are Ray Armstrong, Leslie Dale, Robert Hart, Jane Trammell. Carl Glasow. Dr Elliott Kaebnick New trustees installed for the panel of 1979 were Gordon Coodgame and Sheila Punell ~nstalledfor the 1980 panel were J Edwin Birdwell. Sandy Dunbar Hart, Dr Kaebnick. Vogt Reappointed for the panel of 1980 were Dale and Whisnant Jasny reported that durlng the past year rune physicians were added t o the medical staff, a 5& bed addtion was completed in 3West and that a decentralized nursing concept was being used in part of the hospital He also said that the financial communit)’s assessment of the Iinancial soundness of the hospital was shoHn by the A + Hospital this year. He went on to say !hat he was pleased that the taspitai cas able to expand its servlces and stalf in 1976.7 The key to the successful tlviccng of our hospital over the tion of tile stalf. the acmin~siikisnant said of the hospital’s prformance. “We have to be pleased, but not satisfied ” h v e to be pleased. but not He encouraged tmjtm to attend orientation meetings on Xov. I4,28 and Dee. 12 to discuss the boards organiza:lon and A f tk end of the meeting board members approved the actions of the oflicers and executive comnittee since the July 5. 1977 meeting. Actim approved by voice vote wem the signature of the W e t MaU agreement with Roane She. bylaws for volunteers and a p poinment of new physicurn. rating they received from the bond rating agency. report, “The most sigruficant financial event [or Oak Ridge Hospital during the pst year occurred Oct. 27. when the closing of our new $E,W),Mw) bond issue took place.” Yount’s report went on to say fering through the Anderson County Health and Educational Facilities Board to dince the taxable bonds sold by the B.C. . Ziegler Company two years ago for construction of the new “While our rates have hospitals, revenue and provision for progress have also climbed,” said Yount. “Revenue from patient services passed the tio,M)0,000figure tlus year. The additional cash now will provide funds to pay off the bond issue and to buy the new equipment and services needed during the Dr. Charles Gurney, chief of staff for the last two years. reported that Oak Ridqe Hospital passed the twwyear approval of the Joint Com mission of the Accreditation of (Continued on Page 7 No. 5 )