DMH Special Called Meeting, Friday / Baptist Merger, Days of Cash on Hand, Sustainability Plan
March 13th, 2023 by Joe BurgessThe Drew Memorial Hospital board of directors held a special called meeting, Friday afternoon, to discuss several urgent topics, including cash on hand, a sustainability plan to keep the hospital in operation, and discussion of the potential merger with Baptist health systems.
Topics discussed included the fact that Drew Memorial provides $16 million in yearly payroll to employees, relations with funding sources like Blue Cross and Medicare, and also dealing with creditors and ways to collect more revenue.
The video of the meeting is posted below.