11) Minutes, Virginia WMU Executive Board, April 13, 1906, Virginia WMU Records, VBHS.
35) Minutes, Virginia WMU Executive Board, January 11, 1918, Virginia WMU Records, VBHS.
VBHS did not release audited financial statements for 2008 and 2009 until March 2010 due to negotiations between VBHS and the bank group regarding receipt of various waivers under the reimbursement and credit agreements.
Excluding proceeds from the sale of certain operations, VBHS posted a loss from operations of $33 million in fiscal 2008 (-6.
VBHS has experienced a declining days cash on hand ratio due to shortage of cash as a result of Hurricane Dolly and investment losses.
Best does recognize, however, that despite these financial challenges, VBHS was able to generate a modest operating return to support the future health care needs of the community.
is an integrated health system serving the Rio Grande Valley which includes a 602 licensed-bed hospital in Harlingen, TX and a 243 licensed-bed hospital in Brownsville, TX.
The favorable earnings and infused capital from VBHS has improved the level of capital to $3.
VHP has a niche market in health insurance products only in the same operating area as VBHS.