UMC Governing Board Audit & Finance Committee
Summary
Admissions 7% below budget; operating expenses $4.8M over budget.
What Matters to Employees 2 items
4-year SEIU agreement; Strata go-live delayed.
Increased funding for staffing increases.
All Agenda Items 20 items
$2.1M expected spend; tiered program discussed.
22% Medicare in ACO; 78% Medicare Advantage.
Admissions 7.5% below budget; ER visits down 5%.
Revenue $2.4M above budget; expenses $4.8M above.
Audit wrapping up; $430K pickup in Period 13.
Adds Medicare Advantage plans; term unchanged.
77% complete; $13.7M balance remaining.
Adds Medicare Advantage; extends to May 2026.
Extension for one month while negotiating rates.
One-time purchase; includes training and warranty.
Additional repairs needed on 6th and 7th floors.
New 3-year agreement for onsite pathology.
Four vendors selected; 24/7 service as needed.
Item tabled; no action taken.
5-year term; annual purchase commitment.
3-year agreement for apheresis services.
Equipment usage agreement; terms not detailed.
Assessment to identify revenue cycle improvements.
3-year term with renewal options; incumbent.
Bid award for administrative office project.