UMC Governing Board Audit & Finance Committee
Summary
Below budget by $2.6M; radiology and federal payments lag.
What Matters to Employees 23 items
APDs down 12.4%, admissions down 10.8% vs budget.
Capital transfer $5M continues; GME application submitted.
No protective legislation in Nevada; informational only.
$2.6M below budget; radiology and federal payments delayed.
$28M still outstanding after $51M received in April.
Routine rate update; all other terms unchanged.
No cuts to DSH program for 2024.
Adds payments for emergency and general surgery.
Net patient revenue down $2.6M; labor up $12M.
Updates network list; extends to July 2027.
Extension through 2026; routine contract.
Retroactive rate update effective July 2023.
Pay-for-quality bonus program extended through Dec 2024.
Lowest bid; completion by end of September.
Extension through 2026 for perinatal solutions.
No other bids; 2-year term with options.
Exchange for up-to-date equipment; 48-month agreement.
Five responses; award to lowest bidder.
New tankless delivery for NICU/PICU; 3-year term.
Template for out-of-state providers; fair market value.
Additional funding; term through May 2026.
Required due to 2023 building code changes; incremental costs.
Allegations of sexual assault against minors in 1998.