HomeMy WebLinkAbout20154112.tiff NCMC BOARD OF TRUSTEES
Regular Session Meeting
Monday, April 27, 2015
Attachment 1
Minutes of Regular Session of
March 30, 2015 *
* - Action Required
NCMC Board of Trustees
Regular Session Minutes
Monday, March 30, 2015
12:00 Noon
The Board of Trustees of North Colorado Medical Center met in Regular Session on Monday,
March 30, 2015, in the Richard Stenner Boardroom located at North Colorado Medical Center.
Dr. Carter, Vice President, declared a quorum and called the meeting to order at 12:05 p.m.
ATTENDANCE REPORT
NCMC Board of Trustees: Dr. Susan Carter, Catherine Davis, Mark Lawley, Michael Simone,
Jason Yeater, and Sean Conway (Commissioner, non-voting member), with Brandon
Houtchens - EXCUSED
Banner Health: Wendy Sparks (NCMC COO)
Staff: Ken Schultz (Board Executive)
Recording Clerk: Esther Gesick (Weld County Clerk to the Board)
PUBLIC COMMENT
Commissioner Conway introduced At-Large County Council member, Don Mueller. Michael
Simone introduced his son Tony, and shared his recent accomplishment of taking First Place
in the regional Science Fair in the category of Transportation/Energy for the design of a new
cell phone battery, and stated he now has the opportunity to compete at the State level.
APPROVAL OF MINUTES
It was MSC (Simone/Lawley) to approve the minutes from the February 23, 2015, Regular
Session meeting.
NEW BUSINESS
There was no new formal business; however, Wendy Sparks stated NCMC was recognized
by HealthGrades as one of the 50 Top Best Hospitals in North America. She stated they are
very proud of the staff and thankful for the recognition. Ken Schultz noted NCMC was also
named by Truven as one of the 100 Best Hospitals in the United States.
CEO REPORT or COO REPORT
NCMC COO, Wendy Sparks, gave the following report:
• Employees - Poll surveys are happening this week. At the beginning of April she and
Rick Sutton will be hosting forums to provide employees with a "State of the Union"
reporting on the fantastic 2014 results, what is happening in NOCO, and the status of
the various campus projects.
. Patient Satisfaction - NCMC met every HCAPS dimension for 2014. Banner is going to
continue focusing on "Would Recommend"; however, NCMC is going to continue its
focus on all seven dimensions, which were all raised by 1%. They are in "stretch" for
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"Would Recommend," are meeting "target" or "stretch" in three of the seven
dimensions at this time, and intend to continue to work hard on the remaining four.
• Quality - there are all new quality initiatives and Year-to-Date they meeting target on
Total Joint and Heart Health care, with emphasis on providing help and resources for
patients who have gone through joint or heart failure treatment to release them to their
homes rather than to nursing care.
• Physicians - still recruiting for BMG physicians positions. There is a new GI position
starting in September and a new Neurosurgeon starting in August or September.
. Financials - in February, there was an operating gain of $3.0 million for the Greeley
community for a total of$6.6 million year-to-date
• Master Campus Plan - there is still a lot of work going on with a $60 million Master
Campus Plan and Cancer Center. She stated all of the projects are on track, the kitchen
opened on March 10th, the modular trailers have been removed, and there is one
dining area open in the Bistro while the work is completed on the 16th Street terrace.
VISITATION REPORTS
Ken Schultz stated he has hired a replacement for Rhonda Savoy as NCMC Administrative
Personnel. Her name is Anna Ashford and she will be working to coordinate the visitations
for April. No reports were provided due to the staff transition.
VISITATIONS FOR APRIL
Michael Simone
Jason Yeater
NCMC, INC. REPORT
Ken Schultz reported it has been a quiet month; however, they are working on year-end
reports pending an audited financial statement. Preliminary results indicate that all bond
covenants have been met. He also reported that the Inc. Board attended a Governance
Institute conference in California, where the emphasis seemed to be on healthcare
"consumerism" and how best to react to these market forces. In response to Mr. Mueller,
he explained that NCMC, Inc. sold bonds in 2012 totaling $60 million (@ 2.85%for 15 years)
to finance the Master Campus Plan and then sold $82 million in 2013 (@ 2.34% for 14 years)
to refinance the Series 2008 /2009 bonds. All of the maturities fall within the term of the
current contract with Banner.
COMMISSIONER'S REPORT
Commissioner Conway stated last Monday the Board of Commissioners recognized NCMC
personnel for being one of the Top 50 Hospitals in North America, and he expressed his
thanks for all they do in the community. He also reported that since the last meeting,
Senate Bill 82 was passed and signed by the Governor to be enacted on August 1st. It
establishes an education scholarship infrastructure for the County to grant every graduating
High School Senior, recipient of a GE, or Honorably Discharged Veteran, an annual
scholarship of$3,000 for up to four years to attend any post-graduate school in the country.
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The criteria are: 1) they must be a Weld County resident for at least two years and 2)
maintain a 2.0 GPA. The Commissioners have walled off $10 million and want the fund to
grow up to at least $25 million. He explained taxpayers may pick an amount to contribute
and then they are eligible for a 50% refund or tax abatement on their property taxes, it is
tax deductible, the donation amount is unlimited, and the refund is prorated over over a
span of time until the annual 50% is eventually refunded. He shared about a similar
program in Tennessee which is vastly successful: kids get $10,000 for four years, graduation
rates are going up, and they have enough funds that they have opened up the benefits to
students outside the state. He expects other Colorado counties to start similar programs
pending the observed outcomes of Weld's program. He stated the program is being crafted
in consultation with UNC, Aims, College Promise, etc. The goal is to improve the local
workforce, and he noted the Tennessee statistics indicate many graduates remain within
the state to employ their skills.
OTHER BUSINESS
None.
PLANNING SESSION
No discussion was held on scheduling a future planning session.
ADJOURN
There being no further business to come before the Board, it was MSC [Simone/Yeater] to
adjourn the meeting at 12:51 p.m.
Respectfully submitted,
Esther Gesick
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