Consultant: Nursing home can turn profit
DANVILLE – Vermilion Manor Nursing Home lost almost a million dollars last year, but a financial consultant thinks the county-owned facility can be profitable not only this year but also for at least the next four.
Mike Harmon of Harmon and Associates in Danville told county board members Tuesday night that the key to making the 233-bed nursing home profitable would be reducing the largest expense – personnel costs – which constituted about 88 percent of the nursing home's expenses last year.
News-Gazette Archive
The full story is available in our paid story archive.
AP Video
Advertisement
Also on this date
- Zoning change paves way for Mahomet condominiums
- Governor signs education coordination bill
- Proceedings in White case will focus on evidence
- Danville graffiti ordinance held over business concerns
- Monticello union members file notice for possible strike
- Champaign man's autopsy set today
- Volunteers sought to look for mother of 7
- DACC trustees OK 2007-08 budget
- Champaign officials taking educational road trip
- United Way sets $3 million goal for fund drive
- Limited-service hotel planned for Marketview Drive
- Flu vaccine in stock, on time
- Westville mayor eyes plan for replacement of culvert
- Obituaries
Advertisement