UMC Governing Board Audit & Finance Committee
Summary
Coding staff cut from 47 to 26 FTEs, contract coders needed.
What Matters to Employees 11 items
Telehealth grant likely denied; RAC audits resume.
Leading clinical trial site; financial benefits shown.
Coding FTEs cut 45%, contract coders fill gaps.
New Medicaid MCO contracts, 3-year term.
Price lock for specimen supplies.
67-month bundled services contract.
Software to monitor contract pricing, 5-year term.
3-year security monitoring solution.
Surgical tools and service, 3-year lease.
Cloud-based physician comp software, 3-year term.
Renewal through May 2022, cost reimbursement updated.
All Agenda Items 13 items
On track; budget details discussed; risk mitigation in place.
Admissions -9.5%; labor +$7.7M; cash on hand 54.1 days.
No impact to UMC; private hospitals may face 15% fee.
Ratification for anesthesia/ortho reimbursement.
Adds orthopedic and anesthesia professional fees.
Extends term 24 months; updates reimbursement.
Adds orthopedic and anesthesia professional services.
Extends term; increases NTE for renovation projects.
Sole respondent; 3-year term with extensions.
Increases funding for pest control at new locations.
Approval to purchase property; closing pending.
Adds pancreas transplant; increases funding due to volume.
Additional space, parking, extended term to 2028.
Related Historical Findings
Coding staff cut nearly in half while contract coders retained
Reduced from 47 to 26 FTEs via attrition and VSP.
"right-sized the workforce to 26 FTEs, through attrition and VSP"