The Community Memorial Hospital Board of Governors met at 7:00 pm this day, Monday, April 26, 2010.

Those present were:

Board of Governors

Raymond Riehle, President

Steve Caryer, Vice President

Peter Kennerk, BOG Member

Don Brown, BOG Member                                                                     

Daniel Underwood, MD, BOG Member

CMH Administration

Mel Fahs, President/CEO

Chuck Bohlmann, Sr. VP, Finance/CIO

Michelle Waggoner, VP, Physician Services

Susan Hobeck, Dir. of Financial Services

Jane Zachrich, VP, Patient Services/CNO

Lori Wein, Executive Assistant

Special Guests

Larry King, Blue & Co.

Brad Shaw, Blue & Co.

Those absent were:

Janice Kline, BOG Member

REVIEW OF MINUTES:

The minutes of the March 22, 2010, Board of Governors Meeting were presented for approval.  After review of the minutes a motion for approval was made by Steve Caryer and seconded by Peter Kennerk.  Roll Call Vote:  Riehle-yes, Caryer-yes, Kennerk-yes, Kline-absent, Brown-yes, Dr. Underwood-yes.

FINANCIALS:

A.         Blue & Co. Audit Presentation:

Larry King and Brad Shaw with Blue & Co. presented the 2009 audited financials.  They stated it was a good clean audit and commended CMH administration for all their hard work.

B.         March Financials:

Susan Hobeck reviewed the March 2010 financial statements. 

Total gross revenue for the month of March was $3,300,507.  This was 2.17% over budget for the month.  Year to date gross revenue was $9,264,841.  This was $114,189 or 1.22% under budget for the year.

Inpatient revenue was $883,264 for the month.  This was $152,607 or 20.89% over budget.  Year to date inpatient revenue was $2,769,464, which was 30.56% over budget.

Outpatient revenue was $1,957,473 for the month.  This was $58,705 or 3% over budget for the month.  Year to date outpatient revenue was $5,239,734, which was 5% under budget.

C.         Fifth Third Bank Waiver:

      Fifth Third Bank agreed to waive the Tangible Net Worth covenant.
MEDICAL EXECUTIVE COMMITTEE:

A. A summary of the Medical Executive Committee meeting on April 9, 2010 was reviewed.  Recommendations approved at this meeting included:

Reappointment:

· Samuel Neuschwanger, DPM – Courtesy Podiatry privileges through April 30, 2012.

The Board of Governors accepted the recommendations from the Medical Executive Committee for approval of the above Appointment.  A motion for approval was made by Dr. Underwood and seconded by Don Brown.  Roll Call Vote:  Riehle-yes, Caryer-yes, Kennerk-yes, Kline-absent, Brown-yes, Dr. Underwood-yes.

QUALITY COUNCIL:

A. Reviewed the April 21, 2010 Quality Council meeting minutes.

B. Presented the Quality Indicators Report and reviewed with the Board.

C. Presented the revised Board of Governors Bylaws for approval. 

The Board of Governors reviewed the Bylaw changes and presented for approval.  A motion for approval was made by Dr. Underwood and seconded by Steve Caryer.  Roll Call Vote:  Riehle-yes, Caryer-yes, Kennerk-yes, Kline-absent, Brown-yes, Dr. Underwood-yes.

CEO REPORT:

A. HCAHP Information was presented by Michelle Waggoner.

B. A Stroke Network update was given by Michelle Waggoner.

C. Chuck Bohlmann gave a presentation regarding the Ohio Hospital Provider Reduction Tax.

D. Michelle Waggoner presented the Foundation Financials for review.

E. Annual OB Inspection will be held on May 3 – 4.

F. Story by Jane Zachrich.

A motion to adjourn was made by Dr. Underwood at 8:55pm and seconded by Steve Caryer.  Roll Call Vote: Riehle-yes, Caryer-yes, Kennerk-yes, Kline-absent, Brown-yes, Dr. Underwood-yes.

NEXT MEETING:  May 24, 2010

________________________________                            _________________________________

                    Raymond Riehle, President                                  Janice Kline, Secretary / Treasurer