BJC makes money for fifth straight month

Finance director Ray Leadbetter reported to the BJC Medical Center Authority Monday afternoon that for July, the medical center had $40,643 more in revenue than expenditures. It also grew its cash on hand from 16.4 days of revenue to 21 during the month.

The medical center, which comprises the nursing home, hospital, wellness center and specialty clinic, ended its last fiscal year approximately $818,000 in the red and ended the previous fiscal year $2.9 million in the hole. Those factors play a major role in the decision to try to sell the medical center (see separate story). Since Jan. 1, however, the hospital has been in the black six of seven months.