Higher worker costs and finding staff for its hospital were the main reasons for a lower reported surplus by Gore Health Inc this year.
Its annual meeting earlier this month showed what chairwoman Rhonda Reid said was a satisfactory result of a $47,207 surplus for the year ending June 30, 2008.
This was achieved on total revenue of $5.01 million but was down on the $290,405 surplus achieved in the 2007 year.
Increased "staff sourcing costs" and locum fees played a major role in the drop in surplus and the trend of increased locum costs was predicted to continue in the coming year while Gore Health works to attract permanent medical staff.
A financial highlight of the year was the expansion of Gore's MoleMap franchise into Otago.
"MoleMap produced a solid surplus this year, in its first full year of operation. Demand remains strong with opportunities to many rural communities and additional private revenue."
