Carearc reports a positive financial start to 2025

According to Health Center Leadership, the monthly financial data from CAREARC were in “surprisingly good condition” on Tuesday.

According to the monthly financial report, which was presented to the Carearc Board of Directors during their monthly session on Tuesday, the health center for January recorded a net profit of almost 61,000 US dollars. According to CFO Suresa Howe, this is a shift in the trends, since the center has traditionally experienced a net loss at the beginning of the calendar year.

The monthly income was 893,000 $ 832,000. Carearc reports a net profit of $ 61,000 from year to year.

In other companies, the board members approved a new position of the part-time content designer, which is responsible for the support of marketing, advertising and generation graphics for the center. The board members also approved Cohnreznick's services for the 2024 financial year and the implementation of the health center's 340b program.

The board members also received the monthly clinical and CQI reports and held an executive meeting for financial matters. The Carearc Board will come together next Tuesday, March 25th, at 12 p.m.