UMC Governing Board Audit & Finance Committee
Summary
Mixed: ED wait times high, but new contracts approved.
What Matters to Employees 10 items
Capital transfer $5M continues; GME application submitted.
$2.6M below budget; radiology and federal payments delayed.
Routine rate update; all other terms unchanged.
Adds payments for emergency and general surgery.
Updates network list; extends to July 2027.
Retroactive rate update effective July 2023.
Lowest bid; completion by end of September.
No other bids; 2-year term with options.
Five responses; award to lowest bidder.
Closeout of payment amounts due.
All Agenda Items 8 items
$1.1M pickup; ED wait times 180 min vs 120 target.
1-year term with four 1-year options.
1-year agreement with four 1-year options.
Modernization of seven elevators.
1-year term with four 1-year renewals.
Reduces staff injury risk.
Three C-arm systems for surgical suite.
Reference lab and specimen collection services.