Others have pointed out inaccuracies by Jonathan Brenn in his letter about Trios finances (TCH, Aug. 3).
Let me point out another.
In late 2002 KGH did have a $1.7 million loss and by 2004 that had improved to a $551,162 gain. Brenn’s turnaround firm took out a full-page ad in Modern Healthcare touting its $2.5 million turnaround of Kennewick Public Hospital District..
That never happened.
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Two months after Glen Marshall took over as CEO in December 2004, auditors reported that KGH’s financial statements had been overstated by nearly $5 million.
Factually, KGH lost about $4 million in 2004 or nearly double the loss that caused the board to bring in Brenn and his firm in the first place.
Marshall started his job here in a deep red hole and he has since pushed and pulled KGH — now Trios Health — into a thriving organization with $150 million in a new hospital and health care center with about 1,200 employees, an army of physicians and technicians and expanded specialty services.
Money was tight — as we knew it would be — but far from “riding off the rails,” as Brenn proclaims, we are on the right track.
Kennewick Hospital Board Commissioner