HUMC CEO Hatiras “Baffled” with a $3MM Surplus!

Mark Maurer at the Jersey Journal is updating the HUMC story with more comments from the hospital CEO, Spiros Hatiras stating “Frankly, we’re baffled.”  The hospital administration then spent time today speaking to employees to respond directly to the suggestion in the report the hospital was closing.

The biggest news in the story is almost buried by the response to the State transition report.  Although it won’t be official until Wednesday, the hospital’s budget is stated to forecast a $3 million surplus!

Of course year end forecasts can’t be readily believed when the red ink has piled up so high in recent years.  Let’s hope the corner is turning in the hospital’s favor.

Related: More background and quotes from Claire Moses at Hoboken
And more quotes and questions about the transition report by Timothy J. Carroll at the Hudson Reporter.

Photo: CEO Spiros Hatiras at a recent HUMC Board Meeting  All rights reserved.

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