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Town officials want to know why CSEA, Massena Memorial Hospital report vastly different financial numbers

Posted 12/19/13

By ANDY GARDNER MASSENA -- After reading CSEA’s financial analysis of Massena Memorial Hospital, town officials want answers as to why the two bodies are showing some vastly different numbers. …

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Town officials want to know why CSEA, Massena Memorial Hospital report vastly different financial numbers

Posted

By ANDY GARDNER

MASSENA -- After reading CSEA’s financial analysis of Massena Memorial Hospital, town officials want answers as to why the two bodies are showing some vastly different numbers.

“There are major differences in what the hospital says they have in reserves and what [CSEA] says they have,” Town Supervisor Joe Gray said.

A current MMH financial document shows they had just over $12,000,000 in fund balance at the end of 2011 but CSEA’s analysis says they had $33,369,628.

“We don’t know why,” Councilman John Macaulay said.

“That’s severe,” Councilman Albert Nicola said. “This has to be brought to somebody’s attention.”

MMH director of public relations Tina Corcoran said the hospital has not seen CSEA’s report.

“I really can’t speak to that … we have not received a copy of the report which CSEA presented to the town board,” Corcoran said late Thursday afternoon.

Gray said he will be speaking to hospital officials in the future.

“We need to ask them ‘Why don’t these numbers jive,’” Gray said.

Councilman Charles Raiti said he had hoped CSEA would hire an independent auditor to compile the report.

Macaulay added that he would like to see CSEA perform an analysis of various cost-saving measures proposed by employees. They include switching to a cheaper health insurance plan.

Debbie Picerno, a CSEA field mobilization specialist told the board that is in the works.