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El Centro Regional Medical Center’s finances are strong
Imperial Valley News

El Centro Regional Medical Center’s total assets increased by $16 million during fiscal 2011-2012 while operating revenues increased $17.7 million during the same period, a recent audit shows.

The audit, which may be approved by the El Centro City Council through its consent agenda tonight, also notes the city’s hospital operating expenses increased by $11.2 million, or 10.2 percent.

“The hospital is in a very strong financial position,” said its Chief Finance Officer Alex Wells, who noted that for about three years the hospital has focused in strengthening its balance sheet by increasing revenue and decreasing costs.