UMC Governing Board Audit & Finance Committee
Summary
EBITDA $4.1M below budget YTD; days cash on hand 41.7 (red).
What Matters to Employees 2 items
Need to hire additional radiologists; increased funding.
Adds compensation for Medicaid services.
All Agenda Items 18 items
87% complete, $7.4M remaining, completion June 2025.
EBITDA $4.1M below budget YTD; days cash on hand 41.7.
Admissions 7.5% below budget; income $3.3M vs $3M budget.
Pause on federal grants and Medicaid expansion impact.
Record ER visits (10k+), admissions 5% over budget; income $3.7M vs $3M.
New agreement; Medicare allowable rates for physician services.
Anticipates making budget; FY26 budget process begins.
Extends transplant services to Dec 2027; ratified.
62-month agreement; no upfront cost for pulse oximetry equipment.
New agreement increases reimbursement for primary/urgent care.
5-year lease for molecular diagnostics analyzers.
3-year maintenance service for surgical robots.
Five-year pricing lock; can terminate with 60 days notice.
5-year agreement; enhances coding automation.
Three-year term with renewal options for translation services.
Increased funding for landscaping at owned locations.
Awarded to Monument Construction for crisis stabilization unit.
New agreement for SANE services.