Audit: WGH has solid financial year
The Wilbarger General Hospital Board of Directors received the Annual Hospital Audit for the previous fiscal year, as part of last Thursday board meeting. It was good news.
Deborah Whitley, CPA with Forvis LLC of Waco, gave the detailed audit report on WGH’s finances. Whitley stated that the hospital’s revenue is up considerably from the previous year, and this was a direct result of a financial plan put in place by the WGH board.
Patient revenue was up 19.7% from the previous year, and collections of outstanding debt were up by 5.9% over the pervious year.
Whitley said that her firm represented many small hospitals across Texas, and that Wilbarger General was in the top ten percent as far as a positive financial outlook was concerned.
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