(KLZA)-- While patient service revenues declined,  there were factors that made it a strong financial year for the hospital. The hospital utilized a strong cash reserve position and grant funds from the Federal Government and others to help offset financial losses due to COVID.

Patient revenue was down by $1.94-million.  Expenses were down just under one million dollars.  The other revenues which includes the government grants were more than $2.9-million, up from  just $263,000 in 2019. 

The hospital realized a profit of nearly $2.8-million for the Fiscal Year.  Salaries and benefits accounted for just over $12-million of the total expenses.  

CMC Community Benefits for the year included nearly $950-thousand in subsidized health service;  more than $165-thousand in bad debts,  more than $900-thousand in charity care. Combined with other categories, that total was just over $2-million.