UMC Governing Board Audit & Finance Committee
Summary
Admissions down 8% from FY19, acuity high, but year ends positive.
What Matters to Employees 12 items
Unmodified opinion, no deficiencies.
Revenue up $12M, expenses over $5.2M, nursing incentives.
FY21 income $10.3M; SB 248 limits debt collection.
Adding new HMO product line.
Adding Scan Healthplan to hospital contract.
Extension 3 years; adds direct payment provision.
Extends agreement 2 years through Aug 2023.
Extension 1 year, rate increases Jan 2022.
3-year term, replaces existing systems.
5-year agreement for Epic certified support.
Adds 15 health plans to telemedicine platform.
5-year maintenance for network equipment.
All Agenda Items 10 items
New 5-year agreement; cost increase due to 340B expansion.
All modules implemented; 2 years left on agreement.
Admissions down 8%, acuity up 6.5%; year ends positive.
New 3-year agreement for continued access.
Updates language; adds Medicare Advantage appendix.
New 3-year, $200k/year for custom devices.
One-year extension for energy management.
Purchase for ENT/neurosurgery; 5-year support.
New 3-year; 24/7 emergency coverage.
Request for incident response; no details provided.