The Greenwood Leflore Hospital Board of Trustees held its regular monthly meeting.
Representatives of HORNE LLC presented the completed financial audit for FY2020-2021.
According to the financial report provided by Mrs. Dawne Holmes, the Hospital had an operating loss of $1.57 million in November.
However, due to receipt of $5.45 million in America Rescue Plan Act (ARPA) funds, the overall profit was $4.06 million for November.
GLH has also received additional ARPA funds of $2.2 million in the month of December.
At the end of November, the usable cash reserves, after netting out the Medicare short term loan which must be paid back, is $13.6 million.
The Board went into executive session and excluded the media and the public for 51 minutes.