Hospital Trustees Adopt Budget for Coming Year

Sheridan Memorial Hospital trustees have adopted an operating budget of $92 million for the year that starts Friday.

Action came during Wednesday's board meeting, and the budget for expenditures in the year head is about $200,000 more than hospital authorities project in net revenues for the year.

But CEO Mike McCafferty in an interview with Sheridan Media earlier this week said the difference is expected to be covered by philanthropic gifts, donations and interest income.

The budget for the new fiscal year also includes a capital outlay of around $2.4 million. McCafferty told trustees Wednesday that Sheridan Memorial will be affected by Wyoming's economy, but not as badly as some other hospitals in the state. In the interview earlier this week, he elaborated.

He said Sheridan County doesn't have a mill levy.

In other action Wednesday, hospital trustees recognized retiring board member Gary Miller, who has served on the board for 12 years, and elected officers for the coming year. Kevin Bailey was named chairman, David Smith vice chairman, Gene Davis treasurer and Shirley Coulter secretary.

Trustees also approved a smoke evacuation system for the hospital and received updates on construction of the intensive care unit and plans for the proposed new medical office building.