Author photo

By Dan Rudy 

City and hospital to set transition committee amid revenue problems

 


Assembly members commiserated with city and hospital staff on Monday to discuss how to move forward on new organizational arrangement at Wrangell Medical Center.

Currently the hospital is a public asset, managed by the City and Borough of Wrangell. For several years it has been contending with inconsistent revenues and cash reserve concerns, and in the event of a default the city would be liable for any outstanding debts. In 2015 the Assembly approved a reserve source of interest-free funds of up to $500,000 for WMC to draw from in case of emergency.

At the meeting of WMC’s governing boar...



For access to this article please sign in or subscribe.

 

Reader Comments(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024

Rendered 02/27/2024 19:16