GMH will makeover financial management - KUAM.com-KUAM News: On Air. Online. On Demand.

GMH will makeover financial management

by Krystal Paco

Guam - The Guam Memorial Hospital board of trustees are slated to meet this week to discuss the hospital's financial makeover.

GMH administrator Joseph Verga told KUAM News, "Are we on stable financial ground? No. are we being funded to the degree which we need to be? No. You will hear more about this we are in the throes of planning our 2015 fiscal year budget. We have scheduled a special board meeting to approve our 2015 budget. You will hear a lot more about this and the need to change how GMH is funded going forward and the premises for our new funding request."

Verga notes that the hospital did not receive the funding it needed to cover the present fiscal year's expenditures.

The meeting is set for Thursday, March 13 at 6 p.m. in the GMH board conference room.

  • NEWS HEADLINESMore>>

  • Crash on Agat-Umatac Road sends motorcyclist to hospital

    Crash on Agat-Umatac Road sends motorcyclist to hospital

    A man is rushed the hospital after a serious motorcycle crash along Agat/Umatac road Sunday afternoon. GFD spokesperson Kevin Reilly says it happened around 2:47 pm by the water reservoir. Medics performed CPR, as they rushed him to Naval Hospital. His coMore >>
    A man is rushed the hospital after a serious motorcycle crash along Agat/Umatac road Sunday afternoon. GFD spokesperson Kevin Reilly says it happened around 2:47 pm by the water reservoir. Medics performed CPR, as they rushed him to Naval Hospital. His coMore >>
  • Hormel issues recall after metal objects found inside canned products

    Hormel issues recall after metal objects found inside canned products

    Consumers may want to double check before opening another can of Spam. Hormel Food Corporation, based in Fremont, Nebraska, is recalling more than 228 thousand pounds of canned pork and chicken products they say could be contaminated with pieces of metal.More >>
    Consumers may want to double check before opening another can of Spam. Hormel Food Corporation, based in Fremont, Nebraska, is recalling more than 228 thousand pounds of canned pork and chicken products they say could be contaminated with pieces of metal.More >>
  • Islanders feel 4.9 earthquake

    Islanders feel 4.9 earthquake

    At 10:21 a.m. on Sunday, The U.S. Geological Survey recorded an earthquake with a preliminary magnitude of 4.9 that struck 54 km ESE of Inarajan village, with a depth of 35.5 km.There were no reports made to Guam E911 dispatch of damages or injuries from the earthquake.

    More >>

    At 1021 a.m. on Sunday, The U.S. Geological Survey recorded an earthquake with a preliminary magnitude of 4.9 that struck 54 km ESE of Inarajan village, with a depth of 35.5 km.There were no reports made to Guam E911 dispatch of damages or injuries from the earthquake.

    More >>
Powered by Frankly