SGMC reassures community that it is financially stable - WALB.com, South Georgia News, Weather, Sports

SGMC reassures community that it is financially stable

Laura Love Laura Love
VALDOSTA, GA (WALB) -

South Georgia Medical Center is reassuring the community that it is financially stable.

Due to an issue last month with a company the hospital uses to pay claims, the Valdosta hospital received about $1 million less than they were expecting to. 

A spokesperson for the hospital says strong investments in the hospital last month have helped offset the loss. "We're actually running nine million dollars in the black so far this year. So, we're on sound financial footing," Laura Love, SGMC's Community Relations Director, stressed. "We want the community to rest assured the lights are on, the doors are open."

Love says the problem has been fixed and the hospital expects the unpaid claims to start being paid soon.

Copyright 2015 WALB.  All rights reserved.

Powered by Frankly