UMC Governing Board Audit & Finance Committee
Summary
Admissions 11% below budget; AADC at record low 538.
What Matters to Employees 9 items
Two IT findings, classified as deficiency not material weakness.
Most payments overdue >360 days; cash flow strain.
On schedule, but early stages; $95K city funding.
3-year extension to determine patient eligibility.
Increase funding for critical patient monitoring supplies.
One-year renewal for time and leave management.
Extend term one year with auto-renewals for AI radiology.
Capital project to replace campus fiber network.
Adds funding for remote coding services.
All Agenda Items 9 items
Clean audit; one uncorrected misstatement.
Revenue $2.5M below budget; AADC record low 538.
Medicaid DSH clean; goals partially met.
Extends term, adds radiology services.
Adds radiology; ratified retroactively.
Adds radiology; ratified retroactively.
Adds radiology; ratified retroactively.
3-year extension for case management software.
1-year term with extension options.