The Greene County Medical Center Board of Trustees met Thursday in regular session.

Chief Executive Officer Carl Behne reported that the transition in obstetrics is going well with Valerie Martin. The hospital is currently trying to re-allocate three OB beds and replace them with swing beds for the acute care department to put them at their maximum number of 25 beds. The final day for OB services is slated for August 1st.

The Board then approved changes to the financial assistance policy. Some of the changes include covering individuals at 275 percent of the federal poverty level, applications for financial assistance will be provided at several churches and organizations and increasing the amount of days from 90 to 120,  before hospital payments are moved to collections.

The hospital is currently operating at a $3,574,434 net loss for their year-to-date operating budget. The revenues are $18,686,069, which is below the budgeted $20,768,891. The expenses are $23,905,760, which is slightly above the budgeted $23,817,650.

The Board approved the capital budget for the 2017 fiscal year. The capital budget includes a budgeted depreciation of $2,704,348 and a rate change for semi-private rooms in long-term care from $173 to $177, while keeping the rates for private and suite rooms the same at $192 and $262 respectively.

Finally, the Board approved the operating budget for the 2017 fiscal year. Chief Financial Officer Mark VanderLinden is projecting a 4.6 percent increase in net revenue and a 3.8 percent increase in net expenses for the next fiscal year.