Ewert said the county-owned nursing home,
"Right now, we have enough to borrow to make the June interest payment," Ewert said. "There is a possibility on
Ewert said she will have to borrow
Ewert and Rock Island County Auditor
Palmer said the facility is now
"Simple division calculates that to 29 percent of their future year's revenue," Palmer said. "They are already in debt today without
"We keep getting farther and farther behind," Palmer said. "The revenues are a bit unstable right now. I'm assuming it's based on their patient count. We were trying to come up with the month when they'll be out of money. I just want to make note, they are already out of money."
Ewert said she hopes not to have to borrow any more money between June and
"There really is no margin for error if the revenues don't start to increase and at least get up to
Ewert said the county still has
"If you multiply
In June, board members approved writing off
Ewert and Palmer were met with stunned silence when they asked board members if anyone had questions.
"This board has never sat down and made the hard choices when it comes to
Snider provided board members with a 29-page proposal from MPA, outlining their process and track record of success in turning around nursing homes and hospitals from the brink of financial ruin.
The county hired MPA in 2009 to manage
Board member and
"Whatever direction this board decides to go with this home, we can honestly say we've done our due diligence on rock-solid information," Brunk said. "I would argue this is a good investment."
"We don't really know, as a board, if the residents of this county want us owning and maintaining
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