Budget message from our CEO & President Lorraine Lutton: Good news for March

Dear teammates,

I have some good news to share about our finances.

We’ve made ensuring our financial stability a top priority. Everyone’s hard work is paying off.

Roper St. Francis beat budget in March for the first time in 11 months.

Last month, we exceeded our budget by $121,000. We accomplished that by controlling our expenses, seeing a good mix of patients and timely collections of co-pays.

We still trail budget for the year. But I am confident that if we continue to grow revenue and reduce expenses, we will have a successful year.

On Monday, we shared the great news about teammate pay increases. We recognize that you, our teammates, are the secret to our success. We strive to maintain competitive compensation and benefit offerings that recognize everything you do. Teammates who are eligible will see a 2.5 percent pay increase reflected in their pay checks on May 5.

We also will fund retirement matches and discretionary contributions in the coming weeks. We still are finalizing details, and we will let you know more as soon as possible. Roper St. Francis is providing salary and retirement benefit increases this year that total more than $18 million.

Thank you again for your hard work, and I hope you have a wonderful weekend.

Lorraine Lutton
President and CEO
Roper St. Francis

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