The annual report for Clutha Community Health Company, owned by Clutha Health Incorporated, listed a financial surplus of $93,936 for the year. Clutha Health First chief executive Ray Anton said part of the surplus was attributed to an increase in revenue from services away from the SDHB.
"We are diversifying our business away from the DHB," he said.
The company bought a local general practitioner service at the start of the year which produced additional revenue sources.
He said the percentage of revenue from the SDHB had changed dramatically since Clutha Health had "geared toward" employing its own general practitioners.
Cost control and striving to stay within budget also helped achieve the surplus, he said.
Clutha Community Health chairman Brian Dodds said the company originally budgeted for a loss to reflect the $200,000 reduction in the contract with the SDHB as well as the deferral of maintenance at the inpatient and maternity wards.
He said the reduction was agreed to after negotiation because it meant there was a definite five-year extension on the contract.
The surplus was a positive outcome and the expansion of services outside of the SDHB contract was an important factor in the result.
"[It] has been a good result for us and we haven’t had any cutbacks — in fact we’ve extended service," he said.
Mr Anton said Clutha Health was still "heavily involved" with the SDHB, Alliance South and WellSouth.
All of the relationships helped strengthen its position as a rural health provider, he said.
