GOVERNING BOARD MEETING
Meeting Room #1
Members Present: Mr. Kevin Conway Dr. Prasop Rattananont
Ms. Susan
Mr. Don Johnson Mr. Bill Staker
Ms. Suzanne Ramer
Absent:
Others Present: Mr.
Tim Putnam Ms. Tara Stevens
Mr. Myron Higgins Mr. Rex Johnson
Ms. Susan Pearson Mr. Bill Joseph
Call
to Order:
The April 17th meeting of the Mercer County
Hospital Governing Board was called to order by Mr. Don Johnson, presiding
Chair at
Minutes:
Minutes of the
Motion was made,
seconded and unanimously passed to approve the
Approval of the
Financial
Report:
Ms. Tara Stevens, CFO
reviewed the financial reports with the Board.
Gross Patient Revenue
for March was $1,299,616; Other Operating Revenue for March was $37,670. Gross Operating Revenue for March was $1,337,287;
Net Operating Revenue for March was $1,024,576.
Total Operating Expenses for March were $986,669. Fiscal Year 2006 loss from Operations was ($503,513)
and Net Loss of ($171,641). Gross AR
Days are at 72.66. Discussion ensued.
Motion was made,
seconded and unanimously passed to approve the financial report as submitted.
Draft
2007 Budget:
The Board reviewed the second
Draft Fiscal year 2007 Budget.
Discussion ensued.
Motion was made,
seconded and unanimously passed to approve the draft budget as presented and
submit to the
Resolutions:
Ms.
Tara Stevens brought forth a resolution for the Board’s consideration. The resolution gives the option to obtain
financing associated with certain items the hospital has or may pay for prior
to the bond that would be eligible under the bond. Discussion ensued.
Motion
was made, seconded and unanimously passed to approve the Resolution Declaration
of Official Intent with respect to reimbursement of temporary advances made for
capital expenditures to be made from subsequent borrowings, including the IT
Evaluation, Plumbing and Nurse Call System.
QHR
Update:
A
motion was made by Ms. Sharon Sims, seconded by Ms. Susan Ewing go into Closed
session. Roll call vote: Ms. Suzanne
Ramer, yes; Ms. Sharon Sims, yes; Ms. Susan Ewing, yes; Mr. Kevin Conway, yes;
Mr. Bill Staker, yes; Dr. Prasop Rattnanont, yes; Mr. Don Johnson, yes.
A
motion was made by Mr. Bill Staker, seconded by Ms. Susan Ewing to return to
Open session. Roll call vote: Ms.
Suzanne Ramer, yes; Ms. Sharon Sims, yes; Ms. Susan Ewing, yes; Mr. Kevin Conway,
yes; Mr. Bill Staker, yes; Dr. Prasop Rattnanont, yes; Mr. Don Johnson, yes.
Planning/Operations:
§
Chargemaster Review – Ms. Tara Stevens
reviewed the Executive Summary findings with the Board. Additionally, RSM McGladrey has completed the
cost report revenue assurance piece and is working on a proposal to reopen
eligible cost reports from 2002 – 2005, pending we are able to provide
supporting documentation.
§
Land Update – Ms. Stevens reported RFP’s
had been sent to auctioneers in
§
Master Facility Plan Update – Mr. Myron
Higgins reported negotiations have begun with the three companies selected for
the Master Facility Plan.
§
IT Evaluation – Mr. Tim Putnam reported
the Board had previously approved funding for the use of an IT Consultant to
assess hospital needs. Management
discussed with the Board the necessity to proceed with hardware and software
upgrades pending evaluation; as part of the evaluation fee negotiations with
vendors would be included.
Management
Report:
§
Administrative Update – Mr. Tim Putnam
reported proceeds from the Mercer Foundation for Health’s Gala have been
pledged to the renovation of the hospitals Meeting Room #1 as the new
Motion
was made, seconded and unanimously passed to approve up to $25,000 to renovate
Meeting Room #1/Telehealth Conference Center with Foundation and grant funding.
Curtains
– Mr. Putnam reported the Foundation would like to donate funds to purchase
curtains for the acute care unit.
Motion
was made, seconded and unanimously passed to approve $8,000 for the purchase of
window treatments.
Governance
Conference – Mr. Putnam reported the Center for Healthcare Governance is
sponsoring a Governance Conference. Anyone
interested in attending should notify Administration by the end of the month.
§
Mercer Foundation for Health - Mr. Putnam
reported the Spring Gala will be held April 30 at Moon River Supper Club in
§
Smoking Policy – Mr. Myron Higgins
reported effective
Beautification
Committee Update:
Ms. Susan Pearson reported furniture had arrived. Flooring had to be purchased for four rooms
at a time, therefore it will be placed in three additional rooms.
Quality
Improvement Report:
Minutes
and reports were included in packets for review. There is no action at this time.
Medical Staff
Appointments:
A
motion was made, seconded and unanimously passed to approve the initial
appointment of Richard Maynard, CRNA to Allied Staff in the Department of
Anesthesia.
New Business:
Administration
continues to work on the wind test tower placement.
Motion
was made, seconded and unanimously passed to approve to appoint Bill Joseph and
Rex Johnson for Board members to submit to the County for approval.
Personnel:
A
motion was made by Ms. Sharon Sims, seconded by Ms. Suzanne Ramer go into
Closed session. Roll call vote: Ms.
Suzanne Ramer, yes; Ms. Sharon Sims, yes; Ms. Susan Ewing, yes; Mr. Kevin
Conway, yes; Mr. Bill Staker, yes; Dr. Prasop Rattnanont, yes; Mr. Don Johnson,
yes.
A
motion was made by Ms. Susan Ewing, seconded by Ms. Suzanne Ramer to return to
Open session. Roll call vote: Ms.
Suzanne Ramer, yes; Ms. Sharon Sims, yes; Ms. Susan Ewing, yes; Mr. Kevin
Conway, yes; Mr. Bill Staker, yes; Dr. Prasop Rattnanont, yes; Mr. Don Johnson,
yes.
Adjournment:
Motion was made, seconded and unanimously passed to adjourn
the Board meeting. With no further
business, the meeting was adjourned at
Respectfully submitted,
Shannon Ziegenhorn, Administrative
Assistant
_____________________________________
Susan D. Ewing
Secretary/Treasurer