UMC Governing Board Audit & Finance Committee
Summary
Revenue above budget but YTD revenue down $15.7M; salaries over budget.
What Matters to Employees 2 items
Adds compensation schedules; retroactive ratification.
Epic support and consulting; cost savings.
All Agenda Items 19 items
Revenue $4.5M below budget; YTD $23.8M below.
YTD revenue down $15.7M; EBITDA $12.6M over budget.
Single audit complete; $37.3M outstanding supplemental.
No findings; clean audit.
New agreement; CSC volumes declining.
Five-year lease for lab machines; cost savings.
Enhances patient engagement and communication.
One-year extension through Jan 2027.
Increased funding; no other changes.
18 new machines replacing end-of-life units.
Contingency-based; 3-year term.
Ten-year lease for lab space; frees hospital space.
5-year term; no RFP; incumbent vendor.
36-month; aims to reduce infection risks.
5-year remote coding support agreement.
Enterprise-wide assessment; potential conflict noted.
3-year term with two 1-year options.
623-day construction; rooms remain double.
Discussion on delegation and threshold.