UMC Governing Board Audit & Finance Committee
Summary
Length of stay at record 8.15 days; operating loss $1.8M for month.
What Matters to Employees 3 items
Leading clinical trial site; financial benefits shown.
HRSA uninsured claims end March 22; sequestration cut returns.
6-month extension to allow grant determination by county.
All Agenda Items 23 items
On track; budget details discussed; risk mitigation in place.
Operating loss $1.8M; length of stay record 8.15 days.
Admissions -9.5%; labor +$7.7M; cash on hand 54.1 days.
Revenue decline projected; expenses rising; 5-year concern.
No impact to UMC; private hospitals may face 15% fee.
2-year term; expands network access for Medicare patients.
Ratification for anesthesia/ortho reimbursement.
3-year agreement for NICU screenings 7 days/week.
Adds orthopedic and anesthesia professional fees.
Funding increase based on projected utilization over 2 years.
Extends term 24 months; updates reimbursement.
Adds orthopedic and anesthesia professional services.
New 3-year agreement for Ryan White participant dental care.
Extends term; increases NTE for renovation projects.
Funding increase and extension to June 2023 for Epic support.
Sole respondent; 3-year term with extensions.
5-year contract for onsite/remote interpretation services.
Increases funding for pest control at new locations.
3-year extension and funding increase for façade project.
Approval to purchase property; closing pending.
New agreement for architectural design and engineering services.
Adds pancreas transplant; increases funding due to volume.
Additional space, parking, extended term to 2028.