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HomeMy WebLinkAboutBHSMinutes_2004_04_19 April 19, 2004 Page 1 BROOKINGS HOSPITAL AND BROOKVIEW MANOR BOARD OF TRUSTEES MEETING April 19, 2004 The Board of Trustees of the Brookings Hospital and Brookview Manor met on April 19, 2004, at 7:00 p.m. in Hospital Conference Rooms A-B-C. Present were: Michelle Robbins; Dianna Evers; Rob Jones; Eric Rasmussen; Dave Kasperson; Chuck Blazey; Roberta Olson; Tim Reed, ex-officio; Dave Johnson, Administrator; and Pam Emmett, Executive Secretary. Julie Whaley arrived at 7:15 p.m. John Ramsay arrived at 7:30 p.m. The meeting was called to order at 7:05 p.m. by President Rob Jones. Audit Report: Dave Timpe from Eide Bailly presented the year end audit report for 2003. He noted that the Management’s Discussion and Financial Analysis is a new item this year. Another change this year on the part of the auditors was a mandate for a more proactive look for fraud. There was a typographical error on page 5 end of paragraph 4 that should have been December 31, 2003 not 2004. It was questioned if there was an audit testing for supplies and telephone usage. Dave Timpe stated that would take looking at each phone call which would be beyond the scope of their audit. He noted that it took an average of 60 days to collect accounts receivable where the normal range is usually 65-68 days. Our revenue was up 8% and expenses down 2%. There was a question as to how bad debt ratio was figured. Bad debt ratio is based on three things: aging of accounts receivable offset by collection of accounts previously written off, and accounts that are actually written off. It was noted that contributions were up because of kidney dialysis. Dave explained that charity care is for care that is furnished to patients or residents who don’t have the ability to pay and bad debts are bills where the patient has the ability to pay but for some reason does not pay the bill. One tenth of one percent is charity care. Inventory differences in the two years arises from the large expense adjustment in Central Service Supply for 2002. Contractual adjustments are the difference between the charge made and the amount an insurance company or Medicare has contracted to pay. Dianna Evers stated that the financial report each month is presented as a balance sheet but the totals in the financials do not add up. She asked Dave Timpe what the policy is for what is reported on the financials and what is not shown. She questioned what the Board’s responsibility was for approving a balance sheet when totals don’t equal the amounts shown. Dave Timpe noted that the Board should be looking for trends each month to see if there are drastic changes in figures. He stated that the Board’s responsibility is to make sure the hospital is running smooth - it is not to manage the hospital - the Board’s role is an oversight and the Administrator is hired to run the hospital. He stated that the Board is approving the big picture, not every dollar and cent. April 19, 2004 Page 2 A Corporate Compliance program can be tested somewhat the same as the financial report is audited. The report will be official when it comes back from the Legislative Audit in 3-4 weeks. This is a draft and is not for public consumption at this time. Consent Agenda: The following items from the consent agenda were approved: Minutes; minutes from March 25, 2004; Charge-Off/Write Off Accounts; Accounts Payable; Award of Bid for Video Endoscopy System: authorizes award of bid to Olympus America for $78,679.31; Observation Bed Service Policy and Procedure; Medical Staff Bylaws; Credentialing: approves the appointment of Mitch Poppens, PA-C for 1-year provisional allied health staff; Statistical Report; Statistical Graphs. M/S/P. Financial Report: Brookings Hospital, Brookview Manor, and Home Health/Hospice Agency financial reports for March 2004 were reviewed and approved. This included $919,167.00 in payroll and benefit expense for the month. It was noted that income was down and salaries were up. M/S/P. Award of Bid for Paint, Vinyl Wall Covering with Adhesives, and Concrete Sealer for Brookhaven Estates: Board members reviewed a recommendation for award of bid for paint, vinyl wall covering with adhesives, and concrete sealer for Brookhaven Estates. There was a question if there was a conflict of interest in awarding bid to a business where the owner is on our Board. It was noted that award of bid was based on low bid received. There is nothing in our conflict of interest statement that would prohibit a business owned by a Board member to submit a bid. Board members awarded bid to Barrett’s for vinyl wall covering with adhesives at $27,419.70; concrete sealer to Homestead for $2,013.35; and paint to Menards from Watertown at $7,972.73. M/S/P with Rob Jones abstaining. Increase in Dakotacare Premium: Board members reviewed a recommendation for increase in employee health insurance premiums. It was noted that the average increase for employee portion of the premiums would be 15%. The employee/spouse premium was much higher this year while the employee/child premium did not raise much at all. It was noted that last year a mistake was noted after the premiums already had Board approval so in correcting this problem this year there was a bigger difference in these two areas. Board members approved the increase in health insurance premium as proposed by Dakotacare with an average increase of 15%. M/S/P. Committee Reports: Joint Conference (Medical Affairs): Has not met. Strategic Planning: Michelle Robbins noted the minutes were included in the packet. She pointed out that the percentage of Brookings county discharges being made from Sioux Falls hospitals continues to increase. She expects April 19, 2004 Page 3 some very serious decisions needing to be made in the near future. Rob asked Dr. Ramsay if he had any comments on patients not coming here as many would be referred from the clinic. Dr. Ramsay noted that they are busy at the clinic but some people choose to be referred to Sioux Falls. It was felt that we are located too close to Sioux Falls so people find it easy to go to there. The clinic has two doctors retiring this year, Dr. Wake and Dr. Saxena, and the clinic has hired four new doctors. Eric Rasmussen questioned if we should be making changes now. It was noted that McKennan would be making a financial evaluation of the clinic and then the clinic will be doing their own, as well. With business being down, the Board feels they need to make some decisions relatively soon about costs exceeding income. It was asked how long can we afford to not do anything? There was a question of the hospital becoming a critical access facility since our numbers are dropping. Should we do a community survey to see where the problems are? The Strategic Planning Committee felt that we should hold up on building a second unit for Brookhaven Estates until the first unit is nearly full. A decision regarding remodeling of Brookview Manor will need to be made relatively soon. The committee asked that Dave Johnson bring back additional information related to the actual problems and need to expand the dining areas of Brookview Manor. Also requested was information relating to the types of corridors that could be constructed to connect Brookhaven Estates/Home Health Agency to Brookview Manor. Discussion was held to make four or five patient rooms into private rooms. Board members felt Dave Johnson should pursue gathering more information and report back to the Board. At this time Board members would not advocate a third floor addition to the hospital but would support modifying a small number of double rooms to private rooms. The committee will continue to discuss this and come back to the full Board in May or June with proposals. Eric asked what Dave’s thoughts are on the decrease in patients and what we need to do to reduce labor expenses. Finance/Personnel: Dianna Evers reported for the committee that cutting into core staff was a big issue and it was felt we need to maintain staff to maintain services. Inpatient numbers are down and this is a trend. She felt we needed to maintain staff to maintain services because it costs more to hire and train new employees if our current employees resign. It was questioned if the money for Brookhaven Estates should be coming out of our monthly cash flow or if we should be taking this from our funded depreciation savings. It was felt that we may need to take cash out of our savings to pay for Brookhaven to have our cash flow for operational expenses in the future. Rob Jones asked Dave Johnson if he could come up with cost reducing staffing options to present to the Board at next month’s meeting. There was a question of whether we should change the Hospital’s status to critical access due to decreasing admissions. About 35 hospitals in SD have changed their status to critical access. One significant issue the Board needs to keep in mind is that critical access status may help in getting higher reimbursements, but it also allows only 25 licensed beds. The April 19, 2004 Page 4 message may be sent to the community that we are just going to be a small hospital. You may get better reimbursements, but your public image may also suffer. Critical access status can be forfeited at a later time if patient numbers were to increase. Dave was asked to look at cutting expenses where we can cut, and also what we have to do to become a critical access hospital and bring this back to the Board. As a critical access hospital operations would remain basically the same. A Board member noted that Dave could do some preliminary work to reduce staff, merging some departments with retirements, and take another look at pulling back at what we are spending. It was noted that salary and benefit expenses were approaching 65% of net operating income, once again. To reduce that number to 60%, we would need to cut roughly 25 FTEs. One member felt a community survey needed to be done to help inform us of what the issues are. It was noted that people in the community have been making good comments regarding Dr. Park. Executive Committee: Has not met. Unfinished Business: None. New Business: Reading and Information: Board members received for information and reading: Minutes from Executive Committee; Legal Correspondence; Thank you from Ervin Leite Family and Janet Lambertus Family; Medicare Geographic Classification Review Board Correspondence; and an Article entitled “Why is it Difficult for Hospital Trustees to see the Physician’s Point of View?” Comments: None. There being no further business, the meeting was adjourned at 9:40 p.m. ____________________________ Michelle Robbins, Secretary