Loading...
1995-01-11 Regular MeetingKODIAK ISLAND HOSPITAL ADVISORY BOARD MEETING January 11, 1995 FEB 21 1995 :UUTAK 1:jLHiAi 30 iJU%H 0' RK'S OFFICE BOARD PRESENT: Betty Springhill, Wayne Stevens, Loren Halter, M.D., John Shank, O.D., Gretchen Saupe, Kevin Creelman, M.D. EXCUSED: Judy Trousil, Gil Bane, Jack MacFarland STAFF PRESENT: Ed Myers, Kate Fitzgerald, Mary Munk, Pam Foreman OTHERS PRESENT: Brent Barrows With a quorum present, the meeting was called to order at 7:00 p.m. ACCEPTANCE OF AGENDA Motion made and seconded to accept the agenda. APPEARANCES AND COMMUNICATIONS Brent Barrows, of Kodiak Island Health Care Foundation, provided an update of the Foundation's activities and a summary of the "in-house" phase. Brent informed the Board that the early returns on the in-house phase indicated that the average employee gift to date was about $1,300. Brent was extremely pleased with that level of return, stating that it was one of the higher returns for an employee group in his long experience in fund drives. Brent advised that the printing for the brochure was nearly complete, and that the internal phase was expected to be completed in early February, and that the fund drive would go public from mid to late February. MEETING MINUTES OF DECEMBER 14, 1994 MOTION made and seconded to accept the December 14, 1994, minutes. CONIlMIIT'1'EE REPORTS Finance Committee: The Finance Committee met at noon today; however, only Springhill could be there. Mary Munk provided an overview of the Hospital's financial performance for the month of December, 1994, noting a net loss of $73,473 for the month, and a year-to-date loss of $1,601. Mary informed the Board that accounts receivable were still running below the target goal, that cash flow had remained good, and that the Hospital is currently funding some equipment/depreciation reserve, transferring any amounts over $1 million into this reserve account. OLD BUSINESS None. NEW BUSINESS A. Medicaid Rate. Mary Munk gave a report on the Hospital's 1995 Medicaid Rate, outlining the problems and shortfall, which will occur with the current established rate of approximately 56% of billed charges versus the current rate of 96% billed charges. Mary informed the Board that the Hospital had filed a formal appeal, and that it was believed that negotiations with the Medicaid staff will result in a rate of 85%, less a conformance adjustment of approximately 4.8%, which the Hospital believes is the appropriate rate. Although the 85% rate is somewhat lower than the current rate, it is also believed because of faulty data that we have had a higher rate historically than should have been the case. ADAIMSTRATOR'S REPORT As distributed. BOARD AND AUDIENCE COMWENTS Mr. Myers was asked about the search for a psychiatrist. Mr. Myers advised that he would be attending a Borough Work Session on January 12 to try and resolve the remaining issues to permit this search to go forward unhampered. Ms. Springhill asked that the Hospital staff check on whether or not a meditation room had been included in the construction and renovation plans. HOSPITAL ADVISORY BOARD MINUTES January 11, 1995 -2- ADJOURNMENT The meeting was adjourned at 8:30 p.m. Recorded by Ed Myers. Advisory Board Secretary HOSPITAL ADVISORY BOARD MINUTES January 11, 1995 -3-