WJ Mangold Memorial Hospital and Cogdell Clinic in Lockney, TX (Photo FCR)
LOCKNEY — The Lockney General Hospital District Board of Directors approved its fiscal year 2026 budget and management plan during its regular meeting held on Wednesday, September 24.
The budget includes a 2.5% wage increase for employees on their anniversary dates, as part of a broader plan outlining strategic goals, financial expectations, and capital priorities for the coming year. CEO Vince DiFranco presented the plan using a slide presentation that covered budget assumptions, utilization trends, and significant FY 2025 accomplishments.
August financials showed decreased volumes across most departments compared to July. Total gross revenue for the month was just under $1.58 million, with a net loss of $361,010 attributed in part to year-end adjustments. Board members also received updates on anticipated Uncompensated Care and DSH program payments due later this fall.
In other business, Chief Nursing Officer Jason McDonald reported the successful onboarding of three new LVNs and introduced new quality initiatives tied to the American Heart Association’s “Get With the Guidelines” program. The board also approved updated nurse staffing committee minutes and credentialing recommendations for several providers, including Dr. Cynthia Schlueter and Dr. Edward Alston.
Board members reviewed minutes from recent Management and Safety Committee meetings, and the next hospital board meeting is scheduled for October 29 at noon.
