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HomeMy WebLinkAbout20191731NCMC Board of Trustees Regular Session Minutes Monday, March 25, 2019 12:00 Noon The Board of Trustees of North Colorado Medical Center met in Regular Session on Monday, March 25, 2019, in the Richard Stenner Boardroom located at North Colorado Medical Center. Mark Lawley, Chair, declared a quorum and called the meeting to order at 12:00 p.m. ATTENDANCE ROSTER NCMC Board of Trustees: Mark Lawley, Michael Simone, Kevin Mullin, Jason Yeater, Brian Underwood and Sean Conway (Commissioner, non -voting member), with Catherine Davis and Kay Kosmicki both Excused Banner Health: Margo Karsten (NCMC CEO) -Excused, Derek Strader (NCMC COO) Staff: Jeff Carlson (INC. Board Exec. Dir.) Recording Clerk: Esther Gesick (Weld County Clerk to the Board) PUBLIC COMMENT - There was no public comment. APPROVAL OF MINUTES It was MSC (Simone/Yeater) to approve the minutes from the February 25, 2019, Regular Session meeting. COMMISSIONER'S REPORT Commissioner Conway reported he planned to leave the meeting early to testify against HB-181 at a 1:30 hearing before the Finance Committee. He stated the Commissioners are also in the process of doing a budget analysis, with input from the Director of Finance and Administration, to gain a sense of the potential financial impacts in the event the Bill passes. The Commissioners believe there is a lot at risk and have proposed amendments, but the Senate rejected the revisions along party line votes. He further stated he was discouraged by talks with Governor Polis last week when their expressed concerns were not received, despite him being made aware of unintended and long-term consequences on special districts, small businesses, etc. If passed and signed into law, the Commissioners' next objective will be endorsement of ballot initiatives to counter the outcome. He stated they are united and committed to minimize impacts of the legislative actions. (Clerk's Note: Commissioner Conway was excused from the remainder of the meeting.) NCM CEO/COO REPORT Derek Strader reported many of the recent hospital discussions have been related to new administrative efforts and focus on ways to manage and/or reduce health care costs. The State has tasked hospitals with demonstrating how and where they will partner and March 25, 2019 NCMC Board of Trustees Page 1 of 2 £°mmu67; at ,L .S g -aol9 2019-1731 coordinate with the community and how that is impacted by finances from the State. He stated there is a positive aspect for NCMC as part of the North Colorado Health Alliance and its partnership with Sunrise Clinic and the Weld County Department of Public Health and Environment, which may be utilized as an example of Best Practices for others to follow. Mr. Strader explained UC Health has a different approach toward Medicaid patients, so there may be a potential for a balance of Medicare patients and payor mix. He further stated the focus remains on the metric of Costs per Adjusted Admission, and NCMC is currently ranked third in the region (down from 11th out of 15). He reported the contract negotiations with Anthem/ Blue Cross have been extended to the end of March, and the new term would be effective July 1, 2019, for a new three-year term to include the Banner Fort Collins Medical Center. He stated this will assist with additional coverage for many patients and feed the market share of advanced treatments and procedures at NCMC. In response to questions, he stated there hasn't been much push back concerning surgical referrals being shifted from Fort Collins to Greeley, as long as the supplemental services are at the local clinics. He reiterated UC Health must demonstrate they have equal Medicaid access, and he noted the existing plan to treat Anthem/Blue Cross patients now incorporates the Fort Collins population. VISITATION REPORT FOR MARCH 25, 2019 SUPPLY CHAIN: Ethan Donaldson, NOCO Director Interim, and Larry Chenault, Senior Manager, were present and provided an overview of the supply chain management. Following the meeting, Mark Lawley submitted a summary of the presentation and related discussion, a written copy of which is attached as a part of these minutes. Ms. Gesick prepared and delivered a note of thanks. VISITATION REPORT FOR APRIL 29, 2019 Catherine Davis and Michael Simone (rotation switched due to schedule conflicts). NCMC, INc. REPORT Jeff Carlson explained the quarterly and annual reporting requirements of the Colorado Finance Authority, S&P, Fitch, Trustees and County. In summary, the 4th Quarter Report reflected a $19 million investment loss based on market losses. He stated S&P will be reviewing the credit rating later this summer and will review the loss at that time. Mr. Carlson explained a separate audit is done for all of Banner, in addition to the specific audits related to the various facilities. Once those are done, there is also a third audit. NEW BUSINESS — None. ADJOURN There being no further business to come before the Board, it was MSC [Simone/Yeater] to adjourn the meeting at 1:00 p.m. Respectfully submitted, Esther Gesick Page 2 of 2 March 25, 2019 NCMC Board of Trustees NCMC TRUSTEE VISITATION MARCH 2019 Department- NCMC Supply Chain Services Trustees Report By- Mark Lawley and Kay Kosmicki Presenters- Larry Chenault and Ethan Donaldson - Banner health has one of the top ten supply chain systems in health care - Services include supply chain, patient transport, laundry and linen Statistical Information for Calendar Year 2018 - Manage 60 million in supply expenses annually - Achieved $1.9 million in savings on a target of $1M - Provides 24 different areas of service to NCMC - Has 32 team members - 17,145 purchase orders 5.7 million items put away and issued 15,000 items handled daily 1.4 million pounds of linen cleaned annually 90 patients transported per day 50 pieces of equipment moved everyday ;I Facility Supply Chain Services 1 Operational Program Storeroom �I Distribution 1�, l ';Staff Administration 'I I Data Analytics �+�! Capital Equipment II Representative for ;j Corporate SCS Program Inventory Management L Receiving & II jI Centralized 1: Shipping i Equipment 3I :} I Procedural Area li I Vendor P j Supply Expense II II Department Budget Management I, ;; Management I Supply — -- -- — " — Facility Leadership r;;::71Irasd Services II Physical Inventory it 'iI 1 Procedures/SOPS Dept Director l ' Audits I i , �i i,,, 'i I__fil a`ail I Emergency Management I �a Mail / Medical Gas 1I Courier ;; i II Recall Management I System Teams I ' Reporting Top 25 healthcare supply chains in 2018, as ranked by Gartner Cleveland Clinic came in first, and has been in the top 10 in the ranking for the past three years. Jeff Lagasse, Associate Editor i ear 4.0 S a Gartner has released its 10th annual Healthcare Supply Chain Top ?g ranking, which recognizes organizations across the healthcare value chain that demonstrate leadership in improving human life at sustainable costs. Cleveland Clinic takes a big leap forward and jumps from No. 8 to the top spot. The organization has been in the top 10 in the ranking for the past three years, and its continuous efforts to improve and innovate paid off. Its model is built on collaboration across stakeholders. With a large span of control for supply chain across most areas of spend, supply chain is woven into the fabric of patient care, supporting a patient -first focus at the organization. In 2018, Cleveland Clinic continued improving its services and employed RFID technology for high -value medical devices and a less -expensive solution for commodity products. IMPACT Now in the 10th year of the ranking, Gartner introduced a Masters category to recognize continuous excellence. Cardinal Health, Mayo Foundation, Intermountain Healthcare and Owens and Minor comprise the initial Masters class The Masters category is not a permanent appointment. Organizations must re -qualify every year and continue to innovate. Cardinal Health, for example, expanded its digital capabilities and introduced a cloud -based patient engagement platform called "ConnectSource" to gain better insights into the patient experience and treatment journey. viieusnar: Transforming the nealthcare Supply Chain to Reduce Cost and Improve the Patient experience Mayo Foundation heavily invested in digital supply chain as a core differentiator. Intermountain Healthcare had a lot of progress on the einalyu front of supply chair, by enhancing its ability to visualize key data points such as supply expense or contract compliance, which allows for better decision making. Distributor Owens and Minor has tackled one of the chronic issues for manufacturers: the visibility of inventory. Through key partnerships, the company has brought in advanced technology to enhance its strong logistics and inventory management capabilities. THE RANKINGS Cleveland Clinic CVS Health Johnson and Johnson Mercy (Missouri) McKesson AmerisourceBergen Walgreens Boots Alliance Medtronic Banner Health Duke University Health System Ochsner Health System BD Advocate Health Care Henry Schein Stryker Ascension Health Pfizer Novo Nordisk Novartis Abbott Bristol-Myers Squibb GaxoSmithKline AbVie Spectrum Health Providence St. Joseph Health THE TREND Most hospital and health system leaders are interested in value -based contracting when it comes to their supply chains, but a new Premier shows to lock down contracts with suppliers. Among 200 C -suite executives and supply chain leaders, 73 percent said their health systems prioritize value -based contracting when looking to improve their return on investment. ON THE RECORD "Healthcare supply chains today face a multitude of challenges: increasing cost pressures and patient expectations as well as the need to keep up with rapid technology advancement, to name just a few," said Stephen Meyer, senior director at Gartner. "In order to be successful, supply chains must sport a specific skill set that consists of patient focus, collaboration and network visibility. The top supply chains in this year's ranking have embraced those skills and excelled in executing them." Hello