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Chief Financial Officer Lorraine Cannon presented a draft of the hospital’s 2025 $304.2 million budget to OMC commissioners at a public hearing Wednesday. OMC had $28 million in losses in 2023. The ...
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Budget projects $6M loss for OMC - MSNOMC’s 2024 third-quarter operating margin of minus-1.6 percent aligned with the state average, but it’s a dramatic improvement over the third quarter of 2023, when it was minus-9 percent.
In this connection, the OMC authorities have invested approximately Rs 3.50 crore in various development projects within the city.
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