UMC Governing Board Audit & Finance Committee
Summary
Revenue down, AR at 89 days, contract labor up due to vacancies.
What Matters to Employees 10 items
Net patient revenue down $1.7M in Nov; AR at 89 days.
DSH cuts delayed to Dec 2020; good news.
Extension for 2 years, routine.
New contract with rebates via HPG.
Increase in vacancies; using agency for hard-to-fill.
Five-year GPO contract for repair/sterilization.
No pricing change; half funded by Ryan White.
Automates access; improves onboarding/termination.
Cardiac replacement; expands OR services.
Maintenance for equipment.
All Agenda Items 8 items
Admissions 12% below budget; CMI down 5.5%.
Extends contract through Dec 2021.
Received $116k grant for pediatric disaster planning.
Lease for patient safety tracking; $2800/year.
Renewal of endpoint email protection tools.
Network communication for TLC building.
Replacing 8-year-old instruments; cost effective.
Continues services with UNLV.