Valdosta Daily Times

Local News

March 20, 2014

SGMC retains A+ bond rating

VALDOSTA — South Georgia Medical Center’s A+ Bond Rating from Standard and Poor’s was renewed in February, according to interim Chief Financial Officer Dr. Ray Snead.

Speaking to the members of the Hospital Authority Board Wednesday, Snead also said the facilities are ahead year to date by $3 million.

“Our patient volumes are down nine percent  and the amount of            uncompensated care continues to increase,” said Snead.

SGMC leadership also recognized Cecil Vincent, a volunteer who drives the hospital courtesy carts, as the Hospital Hero for February. The Times recently interviewed Vincent for a feature story, which helped raise awareness of the need for volunteers.

Jessica McKinney, patient relations and volunteer services manager, said it is difficult to get the “right fit” with volunteer cart drivers.

“They’re out there rain or shine, and they talk to the patients and their families. They’ve told us some amazing stories,” she said. “Not everyone can make that connection.”

The Board also discussed two positions that are coming open in the near future on the Authority, and both Sam Allen and Mary Margaret Richardson have agreed to serve again if they are appointed.

CEO Randy Sauls and Chief Medical Officer Dr. Kim Megow presented the hospital’s newest accolades, with awards for the stroke program. SGMC received the Georgia Coverdell Champion Hospital of the Year award for the stroke program for the second year in a row for mid-sized hospitals.

The program was also recognized with the American Heart Association Gold Plus Achievement Award, and the heart attack resuscitation program received the AHA Silver award.

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