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

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

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

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

 

Old Business: None

New Business

 

Management Report: Scavotto briefly reviewed industry developments with proof of citizenship and at the State level with the intergovernmental transfer (IGT). Recent indications are that County homes will not receive payment via the Care Mix Reimbursement System , but will be required to submit data into it. We are watching developments closely.

June’s financial results reflect an operating gain of $33k. However, given the receipt of the extraordinary amount of $85k in interest income, June’s true operating results are a loss from operations on the magnitude of $50k. Year-to-date, the loss is approximately $100k. Scavotto and C. Anderson reviewed   market share data collected from Medicaid Cost Reports for the years 2001-05 and moved on to a comparison of DCRNC performance for Dec-June 2005 and 2006. The change in the private pay classification was readily apparent for this current fiscal year where DCRNC has experience a private pay decrease of 8 percent. Scavotto reviewed the options for regaining a balanced operating position: some staff reductions; launch CHF pilot program, continue boosting the Medicare program, reduce the number of bed-hold days, and begin the process of requesting additional support from the townships. The Operating Board was unanimous in directing management to proceed.

Public Relations: Marketing efforts on a web site have begun. In addition, DCRNC will start to become more visible to community organizations in the coming months.

Next Meeting

September 27, 2006. Meeting adjourned at 8:00AM. (motion Daugherty, second Ubl, unanimous).

Respectfully submitted.

Catherine Anderson

Recording Secretary