followed in April 2012, chaired by the Minister of Health, Dr Aaron Motsoaledi, at the St Georges Hotel in Gauteng.
MANAGEABLE DEBT BURDEN: NMHS
had total debt of $286 million at fiscal 2011, equal to 45.
We are honored that NMHS
has selected Sunrise Patient Financials as the new foundation for its financial operations.
CAPITAL PROJECTS PROGRESSING: In fiscal 2010, NMHS
issued bonds to finance major projects on its main campus that included a new west tower, a new central sterile processing facility, and a significant upgrade to its information technology (IT) systems.
operates one of the most lucrative "non-profit" hospital systems in America.
9% from 2007-2009) over the near term, and NMHS
is budgeting for a negative 1.
Weather and Climate Data Display System A web browser-based weather and climate observed data and forecast visualization tool that can receive information from the Current Conditions Network, Severe Weather Nowcasting Solution, and the Forecasting Solution for display as well as alert management for the NMHS
has also announced that many of the terms found in the MOU are now included in its Charity Care and other policies.
As of May 31, 2011, NMHS
had $330 million of eligible cash and liquid investments that it designates available within a week for purposes of self-liquidity in order to cover the $121 million of debt supported by self-liquidity.
, which is not a defendant, agreed to this landmark settlement amid controversy, Congressional hearings and lawsuits related to non-profit hospitals' treatment of uninsured patients.
generated a $3 million operating loss (-0.
, which is not a defendant in those actions, agreed to the settlement to avoid the distraction and cost associated with a potential lawsuit of this magnitude.