UMC Governing Board Audit & Finance Committee
Summary
December net loss $4.8M below budget; radiology model cost $3M.
What Matters to Employees 4 items
New secondary staffing agency; 3-year term.
Adds funding for remote coding services.
Extend and increase funding; consider consolidation.
Flat fee for radiologist placement; 2-year term.
All Agenda Items 18 items
Clean audit; one uncorrected misstatement.
December income $4.8M below budget; radiology model cost $3M.
Revenue $2.5M below budget; AADC record low 538.
Income goal not met; $4.8M below budget.
Medicaid DSH clean; goals partially met.
Extend managed care agreement 3 years.
Extends term, adds radiology services.
Add module to reduce denials; 3-year extension.
Adds radiology; ratified retroactively.
Adds radiology; ratified retroactively.
SAVI Construction awarded; 10-week project.
Adds radiology; ratified retroactively.
Failed pipe caused water damage; emergency repair.
3-year extension for case management software.
Increase funding due to miscalculated usage.
Extend term through 2024; increase funding.
1-year term with extension options.
New lab services for transplant patients; 1-year term.