Present:  Directors  Daugherty, Kloster, Dubin, Tobias, Kirby
Absent Directors:  Heinisch, Richter

Also Present:  C. Anderson,  Scavotto, Bockman

Vice-Chair Tobias called the meeting to order at 7:05 am.

A quorum was established and the agenda and minutes of the previous meeting were approved as submitted on motion (unanimous) by Dubin (second Daugherty).


 

Old Business: None

New Business

 Scavotto reviewed the status of operations. In June, we certainly witnessed an extremely poor payer mix. That phenomenon continued in July and August, with both July and August showing small operating losses. However, further analysis confirms that, when net operating revenues reach $800k, we rarely should experience an operating loss.  Accordingly, we should have done better in July and August.

Analysis reveals that, on a per-resident-day basis, nursing costs are up substantively over prior years. Costs in 2002 were up 6 percent of 2001; 2003 was up 6 percent over 2003; and the current year is up 9 percent over 2003. Cathy Anderson will be examining the nursing management structure and will be adjusting nursing hours to bring us back in line. The process will take several weeks to fully implement and we should anticipate changes in the order of work and in the number of hours paid.

The Board continued its discussion of pursuing a Supportive Living application. The moratorium has been lifted and applications will be accepted commencing on November 16, 2004. The Board indicated that a potential joint venture with Pine View SLF should be thoroughly evaluated as a means of achieving the County’s objectives.

Next Meeting 

November 17, 2004

Meeting adjourned at 8: 15 AM. (motion Dubin, second Daugherty)

Respectfully submitted.

Catherine Anderson

Recording Secretary