Charleston Area Medical Center's board of directors voted to adopt a projected budget for Fiscal Year 2014, which includes a net income of about $27.5 million in its monthly Board of Trustees meeting Wednesday.
Chief Financial Officer Larry Hudson said there aren't major changes between the Fiscal Year 2013 budget and the latest plan.
"It's fairly routine between the years," he said. "The major changes that you can't see but are embedded in there are effective health care reform - a lot of cuts are coming plus new revenue for the Medicaid expansion and the exchange. That's kind of wash right now for the year."
Capital expenditures are placed at $24 million and project funds at $87.6 million.
Patient discharges are anticipated to increase slightly from 38,127 to 38,506.
In CAMC Memorial, about 63 additional discharges are expected with the addition of an orthopedic surgeon and renovations.
In CAMC General, about 288 discharges are expected with the addition of an orthopedic surgeon and five more beds.
At CAMC Women & Children's Hospital, about 28 additional discharges are expected with the addition of a pediatric neurologist.
Outpatient visits are anticipated to decrease by 6,900 visits - from 625,100 to 619,200. Children's Medicine Center is losing about $10,000 to FamilyCare and about $2,000 from the eliminated Pediatric Care Coordination.
Increases will come from the CAMC LabWorks installation of MobileMD at $3,900 and the CAMC Memorial emergency department renovation at $1,200.