DeKalb County, Illinois |
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Minutes of the
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Present: Directors
Heinisch, Kirby, Stromborg, Wilson, Daugherty, Tobias
Absent/Excused: Richter
Also Present: M. Green, P. Anderson, Scavotto
The meeting was called to order by Kirby at 7:00 am. A quorum was present. The meeting agenda was approved as submitted. Motion Wilson, second Heinisch, unanimous.
a. HIPAA/Corporate Compliance: Progress was reviewed against the work plans for both programs. DCRNC expects to be in compliance with all HIPAA requirements by the deadlines (April 2003 for the privacy standards; October 2003 for the transaction and code sets). Michele Green informed the Board of an increase in pneumonia cases; an investigation is under way.
b. Management Report –
Operations
Financial statements for May and JUne results were reviewed with Scavotto
presenting overall performance. Year-to-date DCRNC is profitable at
approximately $180k, which is ahead of last year. Census continues to hover
around 180 and it is unlikely that we will reach 184 consistently given the
current program. Issues of concern are with reimbursement: Township funding, IPA
rate cuts and IPA payment delays. Health insurance costs will be increasing
dramatically next year – on the order of 65 percent.
Scavotto reported that the outlook for July’s results is not good. Census has
softened, as it normally does around a holiday period, and hospital activity has
been lower than in the previous two months. Given the IPA rate cuts, a
break-even performance would be the very best we could expect. Management is
looking at operations to make adjustments but, realistically, the problems
facing DCRNC are revenue rather than expense issues.
The development of the Alzheimer’s program is moving along as expected.
Respectfully submitted,
___________________
Michael Scavotto
Recording Secretary
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