FINANCE COMMITTEE MEETING
Thursday, February 18, 2016 at 1:00 pm
Modoc Medical Center; Education Conference Room; Alturas, CA
Present:
 Dwight Beeson
 Dee Blondo


Jo Knoch
Kevin Kramer


Jin Lin
Bobby Ray
Absent:
 Michael Anderson
1.
Subject
Call to Order
2. Pledge of Allegiance
3. Agenda Approval
4. Minutes of Previous
Meeting
Discussion
Bobby Ray called the meeting of the Finance
Committee to order at 1:04 pm in the
Education Conference Room at Modoc
Medical Center in Alturas, CA.
Bobby Ray – Changes, additions and/or
deletions to the Agenda.
Dee Blondo – Approve minutes of the January
21, 2016 Finance Committee meeting.
Action
Kevin Kramer moved to
approve the agenda as
presented, Dwight Beeson
seconded and the motion
carried with all present
voting “aye.”
Kevin Kramer moved to
approve the minutes of the
January 21, 2016 Finance
Committee meeting, Jo
Knock seconded and the
motion carried with all
present voting “aye.”
5. Discussion Items
A. HRG Monthly
Summary
February 18, 2016
Kevin Kramer presented the January 2016
HRG Financial Report.
 January was a weak cash month.
 AR days are flat at 64.5.
 Progress continues to be made on the
Medi-Cal accounts aged over 90 days.
Medicare and Blues are sliding. Kevin
talked with HRG about this trend this
week.
 Denials were up, particularly in
Kevin will be developing a
re-education plan. All
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Subject
B. January 2016
Financial
Statement
C.
Financial Feasibility
Report
D. CFO Report
E.
CEO Report
February 18, 2016
Discussion
Registration.
 We are continuing to transition to
Availity, HRG’s current clearing house.
 Bobby Ray noted a couple anomalies
in the report that need correcting.
Kevin will pass the information on to
HRG.
Jin Lin presented the January 2016 Financial
Statement by reviewing the Executive
Financial Dashboard.
Action
registration staff will attend
and sign-off that they
understand the process. He
will be monitoring the
registrars and holding them
accountable.
Kevin will report the
conversion rate of ER
patients moving to the
floor at the next Finance
Committee meeting.
Kevin updated the committee on the
progress of finalizing the financial feasibility
study for the USDA. The draft is complete.
Kevin is hoping to have a telephone
conversation with Mike Colbert next week to
review the changes. Mike will review the final
feasibility study and then send it on to State
for their review and approval. We anticipate
receiving a letter of commitment from the
State office at the end of March or early April.
Kevin reminded the committee that even
with the letter of commitment from the
State, we will need National approval to
proceed with the design/build methodology
to build the new facility.
Jo Knoch reported the following items to the
committee:
 She is looking for a new Accounting
Tech to process payroll.
 The FYE 2015 audit is complete. We
have received a draft, which has been
reviewed. Jo stated that it was a very
clean audit. It is anticipated that Jeff
from Wipfli will be here to present the
final audit to the Board of Directors at
their March 31, 2016 meeting. The
Finance Committee will receive the
audit at their March 17, 2016 meeting.
 Cost reports are done and we may be
receiving $191K in reimbursements.
Kevin Kramer reported the following items to
the committee:
 Retail Pharmacy. Kevin has
interviewed two potential candidates
for the Pharmacy Manager position.
They both will move to second
interviews next week.
 Kevin is arranging for the moving of a
wall and arrangement of racks in the
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Subject
6. Adjournment
Discussion
new pharmacy.
 PT building. William Madison has
offered to sell us the Warner Square
building. Kevin will recommend to the
Board next week to buy the building
 Dr. Jenkins seems to be working out
and will be an asset to MMC. She is
already helping to resolve scheduling
issues.
 We are implementing tele-cardiology
with Renown.
 Microbiology is very close to coming
online.
 With $5M in the bank, Kevin will
recommend to the Board that $1M be
invested with LAIF.
The meeting adjourned at 1:52 pm.
Action
The next Finance
Committee meeting is
scheduled for Thursday,
March 17, 2016 at 1:00 pm in
the Education Conference
Room at Modoc Medical
Center.
Respectfully submitted:
_____________________________________________
Dee Blondo, Last Frontier Healthcare District Clerk
February 18, 2016
_____________________________
Date
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