PCMH In Good Financial Health

The largest hospital in Eastern Carolina is in good financial health.

Pitt County Memorial Hospital ended the 2009 fiscal year $20 million in the black. The hospital had total expenses of $839 million, compared to revenues of $859 million.

“PCMH had a solid year across the board. Although we are extremely pleased to have met our financial objectives, I am most proud of the work we have done in the areas of quality, patient safety and customer service. In almost all areas, we exceeded our targeted performance. We have exceptional employees and the very best physicians. Together, they have been the driving force behind an excellent year,” said PCMH president Steve Lawler.

The hospital increased its workforce to 6,057 full-time-equivalent positions in the past year, a net growth of 522 positions as compared to the previous year.

Last year the hospital made $37 million on revenues of $772.4 million.

PCMH is nonprofit, meaning all extra income gets reinvested back into the hospital in the form of buildings, property and equipment.

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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Cherry Location: Greenville on Jan 5, 2010 at 04:01 PM
    This hospital is GREEDY!! The employees who do all the work get the shaft. The big fat executives and management pocket the profits. If you're too blind to see how corrupt this hospital is, then you are being made a fool. They cut our raises after getting $20 million in profits. PCMH is full of corruption and greed!
  • by Quiturbitchin Location: Greenville on Oct 22, 2009 at 11:57 AM
    I'm just darn happy to have a job with great benefits. Those of you that have nothing to do but complain about your jobs need to leave. Those of you complaining about the cost of coming to the hospital have another choice: DIE
  • by Earl Location: Williamston on Oct 21, 2009 at 07:52 AM
    Hey WITN how come you hardly post anything that I send. IT's not vulgar and there are no names called. I guess you people don't like anyone named Earl and from Williamston
  • by employee Location: g'ville on Oct 20, 2009 at 07:10 PM
    ok witn.com!! now get your cameras out there and see all the hardwork being done by plant ops.the maint.guys stand around alot.leaning on the chair rail.anyon can go there and see for themselves.look down brody hall.watch them talking on hospital phones.not hard to over here some maint. man saying he's not doing anything and trying not too. and walmart has more safety cones for ( SAFETY )!!
  • by PO'd employee on Oct 20, 2009 at 03:44 PM
    So, again the hospital lied to it's employees saying they didn't have the money to MAYBE give raises in Jan and reduced the amount, give everybody a meets standards eval's so they don't have to pay more. This doesn't do anything but solidify their lies AGAIN
  • by Billy on Oct 20, 2009 at 03:01 PM
    Let's see, 20 Million more money than it spent but no raises until January and the raises were decreased from 3,4,5% to 1,2,3%, retirement was decreased and it took months to fill desperately needed positions. What's wrong with this picture.
  • by employee Location: greenville on Oct 20, 2009 at 02:29 PM
    so in good financial health but no raises. That makes sense to the struggling employees. I bet the Executives get one! oh wait they are the ones that care for the patients so that makes sense
  • by AN PCMH Employee on Oct 20, 2009 at 01:57 PM
    Well, Ted, what would you do without the medical care that your wife recieved. She may have been died. Be thankful that you have that care.
  • by Ted Location: Grimesland on Oct 20, 2009 at 01:16 PM
    They oughta be as much as they charge for some services. My wife spent a week in there and received nothing more than an IV and meals and it cost $17,000.
  • by barbara Location: greenville on Oct 20, 2009 at 12:58 PM
    so great, when do employees get a raise????
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