UMC Governing Board Audit & Finance Committee
Summary
Days cash on hand below 2 months; liquidity in red.
What Matters to Employees 1 items
Facade on budget; $880B Medicaid cuts risk.
All Agenda Items 17 items
No changes; routine approval.
28-bed facility opening 2027; $48.9M capital budget.
EBITDA $221k above budget; cash below 2 months.
EBITDA above budget but days cash on hand <2 months.
County deficit; capital funds moved to general fund.
60-day extension for negotiation.
$48.9M capital budget for FY2026 submitted.
5-year service for ED and trauma CT.
Extended term and increased reimbursement rates.
3-year extension for CMS core measures.
Adds Patient Access Curator to manage claims.
3-year maintenance for OR instruments.
5-year contingency contract with Sunbelt Medical.
Lowest bidder; 180-day project.
3-year contract for 24/7 hand surgery services.
Budget adjustments; timeline unchanged.
Lease extended 5 years through June 2030.