SUPPORT YOUR HOSPITAL FINANCIAL NEED:
PGH, like most rural hospitals, struggles financially. The main reason is the way that we arereimbursed 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 wereliving 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.
EMERGENCY CARE:
There have been several documented instances where the proximity of PGH to theresidents of Putnam County has resulted in saved lives and improved health outcomes.
ECONOMIC DEVELOPMENT:
When new businesses are looking for communities to locate or expand, theyalways focus on quality of schools, availability of healthcare, and churches for their employees. PGH plays a vital
role in economic development for our community.
ECONOMIC IMPACT:
Putnam General Hospital employs 140 full time employees and has an operating budgetof 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 Rainey
Dr. Kim Phillips
Julie Thomas
Mike Rountree