He attributed the strong audit to a hard working staff and good management during the past year. He said BVCH's little debt is a plus.
"It gives the hospital what it needs to be prepared for future projects," Hannafch said, adding that BVCH would be in a good position to borrow.
"You're in the position that you could borrow money if needed because you do have limited debt," Hannafch told the board.
Operating income was over $500,000, compared to only $50,000 a year ago.
"You are at the level you need to be to be a successful provider of health care looking forward to your future needs," he said.
Read the rest of this article in the 12/02 Pilot Tribune.