HomeMy WebLinkAbout20154116.tiff NCMC Board of Trustees
Regular Session Minutes
Monday, August 31, 2015
12:00 Noon
The Board of Trustees of North Colorado Medical Center met in Regular Session on Monday,
August 31, 2015, in the Richard Stenner Boardroom located at North Colorado Medical Center.
Mr. Houtchens declared a quorum and called the meeting to order at 12:00 p.m.
ATTENDANCE REPORT
NCMC Board of Trustees: Dr. Susan Carter, Catherine Davis, Brandon Houtchens, Mark
Lawley, Michael Simone,Brian Underwood,Jason Yeater,and Sean Conway(Commissioner,
non-voting member)
Banner Health: Rick Sutton (NCMC CEO) and Wendy Sparks (NCMC COO)
Staff: Ken Schultz (Board Executive)
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 July 27, 2015, Regular Session
meeting.
NEW BUSINESS
None.
CEO REPORT or COO REPORT
NCMC COO, Wendy Sparks, gave the following report:
. Employees - The annual employee engagement survey was completed on August 19th,
with an 80% participation rate. Once the results are received, they will begin action
planning for improvements. The Better Together campaign kickoff ended last week
where employees were encouraged to donate to United Way for the NCMC foundation.
. Patient Satisfaction - During July, NCMC hit target on three (3) of the eight (8) dimensions.
About four weeks ago, leadership decided to go back to the basics and they are already
starting to see good results for August. She noted that CMS (Center for
Medicare/Medicaid Services) now has new Five Star Rating which is available to the public
and NCMC is looking very good in comparison to other hospitals in Colorado. Following
her report,there was further discussion on the rating of "Would Recommend" compared
to the standard ratings and how to change public perception. The CMS Five Star Rating
was further explained, which now recognizes 8's, in addition to 9 and 10 rates.
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. Quality - Staff is meeting Target on Care Reliability for Total Joint Care and Heart Failure,
which involves making sure the patient's medication is reconciled and that they have a
follow-up appointment scheduled with the Heart Failure Clinic before they leave the
hospital.
. Physicians - A new Neurosurgeon started on August 3rd, for a total of three on staff.
Ongoing recruitment continues for a variety of other physician positions.
. Financials-During July,the Greeley Community had a very good month with an Operating
income of$3.9 million, and Year-to-Date there is an Operating gain of$8.1 million for the
NCMC community.
Master Campus Plan - On August 17th, the 3rd Floor of Summit View was opened, which
now houses the three BMG clinics, including Internal Medical, Pediatrics and OBGYN.
VISITATION REPORTS
INTEGRATIVE THERAPY
Dr. Carter reviewed her report, dated August, 2015. A written copy of the visitation report is
attached as a part of these minutes. She stated these are positive services (Le., acupuncture,
massage for maternal patients,therapy dogs,etc.)that are offered on a volunteer basis which
are very well received.
MEDICAL OBSERVATION DEPARTMENT
Mark Lawley reviewed his report, dated May, 2015. A written copy of the visitation report is
attached as a part of these minutes. There was discussion regarding CMS reimbursement on
Medicaid patients,and Rick Sutton explained the impacts of patients admitted to Observation
vs. In-Patient status.
LABORATORY DEPARTMENT
Mike Simone reviewed his visitation report, completed in August, 2015. A written copy of
the visitation report is attached as a part of these minutes. Ken Schultz explained NCMC Inc.
provides all of the capital and financial needs, rather than Banner; therefore, the NCMC
leadership is in a very unique and positive position to be able to address many of the
capital/equipment requests without having to compete against other Banner providers.
There was also discussion regarding the potential for future workforce needs due to tenured
Med Tech staff looking to retire. Wendy provided additional follow up at the end of the
meeting concerning in-State Medical Tech training which requires a four-year degree
available at Metro State, and the Medical Lab Tech which requires a two-year degree
available through Arapahoe Community College.
VISITATIONS FOR SEPTEMBER
Catherine Davis
Brian Underwood
NCMC, INC. REPORT
Brandon Houtchens explained the responsibility of the NCMC Inc. Board is to review stock
market options and how to satisfy obligations to employees participating in the pension plan.
Mr. Schultz reviewed the last page of the Second Quarter Compliance Report summarizing
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the four (4) Covenants (Liquidity, Leverage, Debt Coverage - Net Income Available for Debt
Service, and Debt Coverage - Unrestricted Cash and Investments) indicating NCMC, Inc., is in
compliance with the Covenants that must be met per the Bond requirements. He also
expressed his intent to start providing these summaries on a quarterly basis.
COMMISSIONER'S REPORT
Commissioner Conway referenced Senate Bill, S.B. 82, which authorized the creation of the
Weld County Bright Futures Grant Program. Starting in 2016, High School graduates, G.E.
recipients, and honorably discharged Veterans will be eligible to receive $3,000/year for up
to four years to be used for furthering their education. He invited those present to join the
kick-off event hosted by Aims at the Cornerstone Building tomorrow morning (9/1/2015),and
stated the Trust account will be funded by voluntary contributions which are then eligible for
a 50% property tax credit, as well as an exemption on state and federal tax returns, and
potentially an Enterprise Tax Zone credit. Lastly, he stated the Commissioners have wall off
$15 million to fund the tax credits and they will be appointing a citizen board to administer
the various aspects of the program. He stated Aims and the College Promise Program are
very supportive as well.
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 [Lawley/Simone] to
adjourn the meeting at 1:17 p.m.
Respectfully submitted,
Esther Gesick
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