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Tax collection helps KH make $1.1 million in February
Also, trustees debate ultrasound purchase
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KershawHealth generated $1.1 million in operating income in February thanks to collecting a $1.8 million tax debt set-off from a S.C. Association of Counties (SCAC) program. Without the SCAC collection, KershawHealth would have experienced a $700,000 operational loss for the month. “I’ll tell you up front, that if not for the tax debt setoff, we would’ve had a more challenging month, for sure, but we did have a positive operating income of $1.1 million,” Executive Vice President & COO/CFO Mike Bunch said during Monday night’s meeting of KershawHealth Board of Trustees.