UMC Governing Board Audit & Finance Committee
Summary
FY25 budget shows $11.4M expense increase, $2.6M revenue decrease.
What Matters to Employees 3 items
CMS site neutral not a risk; $1.3M settlement benefit.
No cuts to DSH program this year.
Pay-for-quality bonus program extended.
All Agenda Items 20 items
Delayed petty cash, badge access issues.
No protective legislation in Nevada.
Revenue $800k below budget, expenses $3.4M over.
$103M outstanding, $51M received, $28M still due.
Volumes down; SWB and expenses below budget $4.5M.
Revenue down $2.6M, expenses up $11.4M.
Adds radiologists and anesthesiologists to network.
Contract extended, no financial details.
New 1-year agreement for dialysis treatments.
Increased funding for remodeling projects.
Extended through 2026 with additional funding.
Establishes 2 new pharmacy locations.
48-month agreement for updated equipment.
New 4-year agreement for data breach services.
New 3-year agreement for NICU/PICU.
3-year term for cyber security platform.
Template for up to 10 providers.
Extended through 2026 with additional funding.
Required modifications due to 2023 regulations.
Allegations of sexual assault against minors.