SUPPORT YOUR HOSPITAL FINANCIAL NEED:
PGH, like most rural hospitals, struggles financially. The main reason is the way that we are
reimbursed for the services that we provide. 70% of our patients are Medicare or Medicaid and reimbursement is
less than cost. 10% of our patients are Anthem Blue Cross/Blue Shield and they reimburse less than costs. 10%
of our patients are indigent and they pay essentially nothing. Only 10% of our patients are Commercial and they
pay an average of 140% of costs. 90% of our patients pay less than the cost (not charges) of providing care. The
cost of providing uncompensated care is approximately $1.5 million per year.
WHY DOES PGH HAVE DEBT?:
Approximately five years ago, PGH was on the verge of closing. We were
living off the credit of our suppliers and were placed on a COD basis with most of our suppliers. We entered
a Management Consulting Relationship with Navicent in Macon and they provided a line of credit to pay our
accounts payable. Today, we owe Navicent approximately $5.1 million from the line of credit, unpaid consulting
fees, interest, and O.R. equipment loans.
There have been several documented instances where the proximity of PGH to the
residents of Putnam County has resulted in saved lives and improved health outcomes.
When new businesses are looking for communities to locate or expand, they
always focus on quality of schools, availability of healthcare, and churches for their employees. PGH plays a vital
role in economic development for our community.
Putnam General Hospital employs 140 full time employees and has an operating budget
of almost $20,000,000. According to an Economic Impact Report produced by the Georgia Hospital Association,
PGH accounts for a total output of $46,311,957 in Putnam County and Total jobs in Putnam County of 389.
HOW MUCH IS A ONE MILL INCREASE?
A one mill property tax increase on a $100,000 house equals $40,
minus homestead exemption ($10,000) equals $30.
Referendum Video Links
Dr. Bob BetzelCooper RaineyDr. Kim PhillipsJulie ThomasMike Rountree