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Bad debt

Palo Pinto General Hospital CEO Harris Brooks said the hospital is realizing about $12 million annually in bad debt he blames largely on the growing number of uninsured. He said the hospital district’s property tax revenues cover less than half that amount.

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August 30, 2012

Hospital district proposes tax increase to fund higher costs

Mineral Wells Index

By LIBBY CLUETT | lcluett@mineralwellsindex.com

Like other Palo Pinto County taxing entities, Palo Pinto General Hospital will see its fiscal year close Sept. 30 and a new year begin.

With that comes proposing a budget and tax rate to fund the next fiscal year.

On Tuesday night the Palo Pinto County Hospital District board proposed a 2012-13 budget of just over $100 million, up from the 2011-12 budget of $89 million, according to hospital CEO Harris Brooks.

The increase is due to “growth and the cost of doing business,” Brooks said, adding that they base this off prior years’ numbers and current trends, examining increases in the costs of salaries (which he said the biggest expense), supplies and drugs.

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