UMC Governing Board Audit & Finance Committee
Summary
Operating revenue below budget, SWB over budget, volumes down.
What Matters to Employees 13 items
42% complete; $23M spent; no audit findings.
Admissions 14% below budget; net revenue down $8.1M.
9 of 22 radiologists hired; 1.93 GME slots awarded.
CMS site neutral not a risk; $1.3M settlement benefit.
2-year agreement for radiologists; not-to-exceed amount.
Rupture disrupted HVAC; emergency repair approved.
3-year agreement; cost savings discussed.
5-year agreement; vendor manages leave.
Increased funding; limited options for radiology.
1-year with options; architectural design services.
4 cardio help systems; portable life support.
84-month agreement; hospital-wide replacement.
Town halls successful; 246-bed opioid facility.
All Agenda Items 9 items
Delayed petty cash, badge access issues.
Revenue $800k below budget, expenses $3.4M over.
Volumes down; SWB and expenses below budget $4.5M.
Adds radiologists and anesthesiologists to network.
New 1-year agreement for dialysis treatments.
Increased funding for remodeling projects.
Establishes 2 new pharmacy locations.
New 4-year agreement for data breach services.
3-year term for cyber security platform.