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

Also Present:  P. Anderson,  Scavotto, Bockman, C. Anderson

Chair Heinisch called the meeting to order at 7:05 am.

A quorum was established and the agenda was approved as submitted ( Motion by Kloster (second Tobias). Minutes of the previous meeting were reviewed and approved by unanimous consent.

 

Old Business: None

New Business

Operations:  Scavotto reviewed the status of operations. September’s operations were reviewed previously in updates to the Board. October’s preliminary results are looking very good with operating income at $39k. Record Medicare volume played a factor in boosting revenues but operating costs were down over previous months, and this was a large factor behind the positive results.

Scavotto and C. Anderson reviewed developments with Medicare Part D (the prescription drug program), with the changes to Part A of the Medicare Prospective Payment System, and with the change to IPA case mix reimbursement set to take effect on July 1, 2006. DCRNC is working to improve its software capabilities in regard to the required MDS documentation for the PPS and for the case mix reimbursement systems.

Supportive Living: Work is proceeding on the SLF project. The design team has been selected and is moving ahead. Site engineering is under way. Preliminaries for the financing – such as volume cap issues -are being handled.

Next Meeting

January 18, 2006. Scavotto will try to arrange for the meeting to be at Heritage Woods of Batavia.

Meeting adjourned at 8:10AM. (motion Tobias, second Dubin)

Respectfully submitted.

Cathy Anderson

Recording Secretary