Iberia Medical Center presents 2025 audit; council acknowledges positive operating results
May 28, 2026 | Iberia Parish, Louisiana
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Iberia Medical Center officials presented the hospital’s 2025 audited financial statements to the Iberia Parish Council on May 27, reporting $135 million in revenue and a year‑end net increase in net position of about $3.6 million.
Dion Vitor, representing Iberia Medical Center, said the audited results included several unusual, non‑recurring items that boosted the year’s bottom line, including a PERS actuarial adjustment, an insurance settlement and $1.2 million in capital‑outlay funds. “We had a net profit of almost $3.6 million in the year 2025,” Vitor said during his presentation, noting that adjusting out one‑time items leaves operating profit closer to $1.5 million.
Vitor also emphasized operational metrics: about $62 million in salaries and benefits (roughly 50% of revenue), approximately 120 days cash on hand, daily emergency‑department volume near 120 patients and high volumes in radiology and lab services. He highlighted new technology — including a MALDI lab instrument that speeds pathogen identification — and said the hospital is the first in the region to deploy a state‑specific PET‑CT cardiac application. “We are one of only a few hospitals in the area with this designation,” he said of the hospital’s STEMI receiving‑center status.
Council members asked clarifying questions. One councilor queried the hospital’s $9 million less‑allowance for uncollectible patient receivables; Vitor confirmed those are typical write‑offs tied to patient accounts. Council members praised recent improvements in hospital operations and clinical capabilities during a round of supportive remarks.
Later in the meeting the council voted to formally acknowledge receipt of the hospital’s 2025 fiscal audit, a procedural step that the council completed without amendment.
What’s next: Vitor flagged possible future impacts from pending changes to Medicaid and Medicare funding at the state level and told the council the hospital is monitoring potential revenue impacts given that roughly 36% of its patients are covered by Medicaid.
Dion Vitor, representing Iberia Medical Center, said the audited results included several unusual, non‑recurring items that boosted the year’s bottom line, including a PERS actuarial adjustment, an insurance settlement and $1.2 million in capital‑outlay funds. “We had a net profit of almost $3.6 million in the year 2025,” Vitor said during his presentation, noting that adjusting out one‑time items leaves operating profit closer to $1.5 million.
Vitor also emphasized operational metrics: about $62 million in salaries and benefits (roughly 50% of revenue), approximately 120 days cash on hand, daily emergency‑department volume near 120 patients and high volumes in radiology and lab services. He highlighted new technology — including a MALDI lab instrument that speeds pathogen identification — and said the hospital is the first in the region to deploy a state‑specific PET‑CT cardiac application. “We are one of only a few hospitals in the area with this designation,” he said of the hospital’s STEMI receiving‑center status.
Council members asked clarifying questions. One councilor queried the hospital’s $9 million less‑allowance for uncollectible patient receivables; Vitor confirmed those are typical write‑offs tied to patient accounts. Council members praised recent improvements in hospital operations and clinical capabilities during a round of supportive remarks.
Later in the meeting the council voted to formally acknowledge receipt of the hospital’s 2025 fiscal audit, a procedural step that the council completed without amendment.
What’s next: Vitor flagged possible future impacts from pending changes to Medicaid and Medicare funding at the state level and told the council the hospital is monitoring potential revenue impacts given that roughly 36% of its patients are covered by Medicaid.
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