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KH finance discussion focuses on cash on hand
By Martin L. Cahn mcahn@chronicle-independent.com 803-432-6157 ext. 115
Posted: September 2, 2012 3:20 p.m.
Updated: September 3, 2012 5:00 a.m.
How much cash should KershawHealth have on hand in order to stay open if no revenue was coming in the door? Indeed, how much cash (and investments) KershawHealth does have on hand to cover those operating expenses was the question during the KershawHealth Board of Trustees’ Aug. 27 meeting. Is it 140 days, as reported in the board’s summary financial report for the month of July? Or is it ...

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