UMC Governing Board Audit & Finance Committee
Summary
Operating expenses $8M over budget; anesthesia shortages persist.
What Matters to Employees 20 items
Expenses $8M over budget; surgeries down 17-29%.
Expenses $8M over budget; surgeries down 17-29%.
Medicaid rate needs 114% increase; $200M outstanding.
Medicaid rate needs 114% increase; $200M outstanding.
Income $5.3M below budget; capital spending behind.
Income $5.3M below budget; capital spending behind.
New PPO/HMO network for ortho and anesthesia.
New PPO/HMO network for ortho and anesthesia.
Adds Medicare Advantage to existing agreement.
Adds Medicare Advantage to existing agreement.
Adds anesthesia services to preferred provider agreement.
Adds anesthesia services to preferred provider agreement.
Infectious disease services; 50% grant funded.
Infectious disease services; 50% grant funded.
Ratified for cardiovascular anesthesia; high-risk specialty.
Ratified for cardiovascular anesthesia; high-risk specialty.
Extension and additional funding for marketing services.
Extension and additional funding for marketing services.
Contingency-based platform to recover denied claims.
Contingency-based platform to recover denied claims.