WMC reports $10.2 million turnaround
WEIRTON – Weirton Medical Center announced Wednesday it has experienced a $10.2 million financial turnaround, finishing the 2013 fiscal year at a profit of $871,000.
“What has happened here at Weirton Medical Center, in one year, is unprecedented,” says Kelli McCoy, director of communications at WMC.
The hospital ended Fiscal Year 2013 at $871,000 profitability, following more than a decade of operating at losses, according to McCoy. For example, the hospital ended the 2012 fiscal year at a loss of $9.3 million, she said.
The $10.2 million turnaround has happened as WMC has added dozens of new physicians, new specialties, new procedures and invested millions of dollars in technology, thus transforming the organization into one of significant growth.
A greater investment in technology was first made evident, McCoy explained, when WMC became the first hospital in the Weirton-Pittsburgh Route 22/30 Corridor to offer 3D Tomosynthesis, the latest high-technology in the fight against breast cancer. Shortly after the implementation of the new breast technology, WMC took it a step further and developed the largest, most experienced Robotic Surgery Team in the area using the DaVinci Surgical System.
The organization also recently opened the gold standard in chest pain evaluation with the Chest Pain Center, McCoy said. The Chest Pain Center is armed with the latest diagnostic equipment to determine causes of chest pain.
The Vein Center at WMC is also now open to treat the growing population of men and women experiencing venous insufficiency. The WMC Vein Team is using endovenous thermal ablation and sclerotherapy to repair venous problems.
Ongoing developments and investments include the addition of the 9,000-square-foot, state-of-the-art All About Women Suite, under construction now on the lobby level of the WMC Medical Office Building. There, patients will encounter a combination of convenience and technology never before offered to women in the Weirton-Pittsburgh Route 22/30 Corridor. That in-office technology will include both sonogram and high-risk sonogram.
The organization-wide growth coincided with a new commitment to informing the community about the developments and programs at the local hospital.
“WMC leadership, under the strategic direction of R and V Associates, would be remiss to not stress the importance of the remarkable staff whose loyalty has been unwavering, even through difficult times. To the WMC staff, we say without your commitment to excellence and compassion, everyday, this turnaround would not be possible. And this is only the beginning. Stay tuned to more remarkable additions and expansions at WMC as we carry out our mission to provide leading healthcare to the people of the Weirton-Pittsburgh Route 22/30 Corridor,” stated McCoy.