WHMC approves 2025 budget

COLFAX — Whitman Hospital and Medical Clinics (WHMC) Board of Commissioners approved the Hospital 2025 draft budget and capital budget during the Wednesday, Nov. 20, regular meeting.

During a special meeting on Wednesday, Nov. 13, WHMC Chief Financial Officer Abby Smith presented the drafted budget numbers to the board.

The WHMC Budget shows an operating revenue for 2025 is at $62,196,947, compared to the 2024 budget of $59,116,505. Net Patient Care is budgeted at $57,860,047, with 2024 at $55,538,505.

Within net patient care, outpatient charges are budgeted at $76,713,269, and in-patient charges $11,894,168. The gross charges for the 2025 budget are $88,607,437, 34.7%.

Other operations seen on the Hospital’s 2025 budget came to $4,336,900, with the 340B Drug Pricing Program coming to $2,610,000, the safety net assessment at $900,000, grants and donations at $288,900 and $538,000 in other.

Expenses budgeted for the new year came to $62,174,348, with wages at $27,062,837; benefits $8,257,534; professional fees $5,544,030; purchased services $6,594,082; supplies $7,068,345; utilities $872,491; other $2,089,210; depreciation $2,728,018 and amortization $1,957,018.

Net operating income loss comes to $22,599, with a non-operating revenue expense at $1,721,655 and a net income loss of $1,744,254.

“We have been working on the budget for about a month and a half, and it has taken that long to get to where we want our budget to be, which our goal this year was to achieve a breakeven,” Smith reported to commissioners on Wednesday, Nov. 13.

Smith went over the WHMC 2025 Capital Budget with a total budgeted amount of $3,273,000 for the following sixteen approved projects:

• Therapy renovation in therapy at $1,980,000.

• Chemistry analyzer at $268,000 and a blood analyzer for $19,000 in the lab

• X-ray unity in imaging at $235,000.

• Badge Access System in safety at $150,000.

• The ultrasonic washer at $96,000, a surgical table for $58,000 and a colonoscope for $31,000 in the operating room.

• Three stretchers for the Emergency Department, Medical Surgical Ward and operating room for $54,000.

• Two beds for $34,000 and stryker furniture recliners for $16,000 in the medical surgical ward.

• Pharmacy flooring at $17,000 in the pharmacy, three copiers for $28,000 in information technology.

• Blanket warmer in the medical surgical ward, progressive care unit and the family birthing center for $16,000.

• A defibrillator and manikin training in education for $12,000 and reflux testing equipment in the operating room for $10,000.

• The WHMC 2025 Capital Budget has $250,000 in undesignated funds.

• Hospital commissioners approved and passed the 2025 draft budgets during the regular board meeting on Wednesday, Nov. 20.