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HomeMy WebLinkAbout20144037 NCMC BOARD OF TRUSTEES Regular Session Meeting Monday, October 27, 2014 Attachment 1 Minutes of Regular Session of September 29, 2014 * * - Action Required NCMC Board of Trustees Regular Session Minutes Monday, September 29, 2014 12:00 Noon The Board of Trustees of North Colorado Medical Center met in Regular Session on Monday, September 29, 2014, 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: Thomas Grant, Brandon Houtchens, Mark Lawley, Dave Owen, Michael Simone, and Sean Conway (Commissioner, non-voting member), with Dr. Susan Carter being excused Banner Health: Wendy Sparks (NCMC COO), with Rick Sutton (NCMC CEO) being excused 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 (GRANT/SIMONE) to approve the minutes from the August 25, 2014, Regular Session meeting. NEW BUSINESS NONE CEO REPORT or COO REPORT NCMC COO, Wendy Sparks, gave the following report: • The Banner Fort Collins Medical Center is scheduled to open on April 6, 2015. There are 212 positions to be filled, and the internal postings will be selected by the end of October. Any remaining positions will be backfilled with external applicants, and 438 applications have been submitted to-date. The new Fort Collins Medical Center will generate more volume for NCMC because surgeries and higher-level care will still come to Greeley. • Patient Satisfaction: Year-to-date the organization is meeting target or stretch on 6 of 7 dimensions and they are on track to hit every one. • Quality Score Card: Currently hitting target on 6 of 10 quality strategic initiatives and the teams are actively in place to continue improvement. • Physician recruiting is ongoing. • August financials: There was an operating gain of$3.1 million against a budget of$1.8 million, which equals a $1.34 million positive variance and very strong volumes. In Page 1 of 3 September 29,2014 NCMC Board of Trustees response to an inquiry, Ken Schultz indicated the bottom line earnings are very similar to last year; however, they are generating the same level of earnings with fewer procedures as a result of optimization and new criteria set by the government. • Year-to-Date the Greeley community is ahead of budget by $6.1 million. • Master Campus: The work on the second MRI on campus began last week, the Cancer Center project will include a new linear accelerator, and the Oncology volume is over double. VISITATION REPORTS REHABILITATION Michael Simone met with Joe Schroeder, on September 16, 2014. A written copy of the visitation report is attached as a part of these minutes. LABORATORY SERVICES Mark Lawley met with lab staff, on September 24, 2014. A written copy of the visitation report is attached as a part of these minutes. VISITATIONS FOR OCTOBER Dr. Susan Carter David Owen NCMC, INC. REPORT Brandon Houtchens reported the Finance Committee is continuing to scrutinize the work of group that works to maximize return on investments. He stated they are also addressing the status of the pension obligations that were carried over in the mid-1990's as part of the arrangement when Lutheran became the operator of the hospital, which subsequently became Banner Health. He explained part of that agreement led NCMC Inc. to continue the pension obligations. Ken Schultz added the benefits were frozen in 1995; however, there are approximately 540 current or terminated employees who are still affected by the plan and they are deferring election even when they have met the Rule of 80, so NCMC Inc. is trying to get them to elect a method of payment. Brandon stated they would like to sell it to an insurance company to satisfy the pension obligations in an effort to save money and reduce liability and administrative costs. Ken stated $4.4 million was wired to the bank last week to fully fund the pension plan, remove the liability, and better focus the premium to be competitive. Brandon further stated they are working with Dr. Tim Jarus, Monfort College of Business, to give input on improving the Investment Policy Statement. COMMISSIONER'S REPORT • Commissioner Conway reported the Commissioners are taking applications for the current NCMC Trustee vacancy, interviews will take place next week, and they hope to have a new trustee present for the next meeting. • He reported the Early Warning Budget sessions took place on September 16th, and the Board will make budget decisions on October 14th in preparation of the Final Budget, including a decrease in the mill levy and investing $70 million into maintenance of public roadways. They are also investing $100 million for the design and construction of CR 49 Page 2 of 3 September 29,2014 NCMC Board of Trustees (also known as the Weld County Parkway project from 1-76 up to State Highway 392, then up to Highway 14) to divert truck traffic from U.S. Highway 85. He stated the project was originally scheduled as a 10-year project, which has been expedited to be completed by 2018, including building one of the largest bridges in Colorado on Highway 34 at CR 47. • He stated they have an agreement with the Mt. View Fire Protection District to place a tower and improve emergency radio communications to overlap in Boulder County. He explained the County has funded $18 million in the last 15 years to upgrade the towers, communications center, dispatch, etc., and they are working to ensure that going forward there is adequate funding with all the users. Mark Lawley commented there needs to be a better cost/share going forward as population continues to grow. • Commissioner Conway stated the biggest economic challenges are the lack of commercial structures and workforce demand, noting the complications of drug testing eliminating many employment candidates. 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/LAWLEY] to adjourn the meeting at 1:13 p.m. Respectfully submitted, Esther Gesick Page 3 of 3 September 29,2014 NCMC Board of Trustees Rehabilitation Visit September 16, 2014 Mike Simone Department History: Name of contact:Joe Schroeder, PT, DPT Outpatient Rehab Sr. Manager History of contact: Joe has been a physical therapist since 2005 and senior manager for outpatient rehabilitation since 2013. Services Provided: Physical and occupational therapy, hand therapy,functional capacity evaluations(lots of equipment from the oil fields in the clinic), neurologic pediatric physical therapy, and work conditioning (for those who have been injured and need to get back to work). Number of Staff:full-time and part-time and what fields: 17 physical therapists, 5 occupational therapists, 2 speech therapists, 3 physical therapy assistants, 9 financial services/front desk. Revenues/Budgets If Relevant Joe said he had no concerns and they operate in the black. He said he is currently going through his first budget process. Successes: Joe shared three successes with me.The first was about an 8 year old stroke victim who had foot drop. He was able to collaborate with orthopedists, help develop custom orthotics and the results were good.The second story concerned a high school football player with 2nd impact syndrome(this is a second concussion before the patient recovered from the first). He suffered hemiparesis(weakness, not paralysis, on one side)with drooling. He was treated with PT, OT and speech therapy--along with the accelerator machine—and the patient recovered well and is on his way to college.And the third story was about a successful total knee replacement of a nurse consultant who had a close connection to Mary McKee. Challenges/Obstacles: Joe is worried his department won't be able to handle increasing referrals in 2015 from the increased numbers of doctors being hired by Banner. The large Increases In Medicaid patients from changes due to the Affordable Care Act is putting a strain on his department and it is getting more difficult to see all patients quickly.They have a waiting list and do their best to triage. Post surgical patients generally go to the top of the list. Joe is also concerned the increased percentage of Medicaid patients,with lower reimbursements, may significantly affect the bottom line in the next several years. Also,they generally lose money treating pediatric patients. Departmental Needs/Requests: Needs more PT assistants but there aren't many available. He would also like to see more community focus on the importance of rehabilitation. Suggestions for improvement: Joe would like a new building—or at least a remodeling of the current structure. His department is disjointed, occupies part of 2 floors and is shared with occupational health and sports medicine. He is focusing on improving the aesthetics in his department and wants to be able to compete with private practice. Joe understands patients can go anywhere for PT and OT and he wants his department to be the facility of choice. What Would The Department Manager/Director Like NCMC Trustees To Know: Joe would like us all to know the following (look at back of page): NCMC BOARD OF TRUSTEES REPORT Visit conducted by Mark Lawley On Date Department September 24, 2014 Laboratory Services Department History North Colorado Medical Center's Laboratory produ.ces accurate, complete and timely lab results. By providing excellent service,the lab strives to assist other health professionals in delivery of quality patient care. Service(s) Provided Performs the majority of tests in-house and for physician offices around the Greeley area,They are also considered a regional laboratory processing laboratory results other in out of State clients. The Micro Biology Lab will be moving to Loveland in a few weeks as part of consolidating services. Number of staff Revenues/Budgets if relevant 75 employees will be at NCMC 25 employees will be located at the McKee N/A Medical Center in Loveland Successes The Lab was recently remodeled; the employees relocated from the existing LAB a few months ago. Challenges/Obstacles Work load has seemed to increase considerably. Once an employee leaves, employees need to be replaced. Staff believes this was a result of budget cuts. Page 1 of 3 Departmental Needs/Requests Nothing Specific. Manager's suggestions for improvement More input from staff on remodels or new additions,they do have some space, workflow and storage deficiencies in the new lab. What would the department manage/director like NCMC, Inc. to know, if anything? Awesome lab, great staff! Page 2 of 3 Notes/Miscellaneous All the employees were extremely grateful for the new lab.They have some logistical issues;they thought they would be resolved soon. Page 3 of 3 Hello