Pender Community Hospital: PCC Board Minutes.

PENDER CARE CENTRE
Board Minutes
July 26, 2010

The regular meeting of the Board of Directors for the Pender Care Centre was convened in open and public session on Monday, July 26, 2010 at 7:00 PM at the Pender Community Hospital in the meeting room. Board members present were Brian Kent, Dave Duffy, Bob Morgan, Don Heineman and Leon Svoboda. Also present were Richard Thomason, CEO/Administrator, Pender Community Hospital; Melissa Kelly, CFO, Pender Care Centre; Sarah Baier, DON, Pender Care Centre; Pat Lichty, Administrator, Pender Care Centre; and Kelly Kaup, Pender Community Hospital taking minutes.

Notice of the meeting was given 10 days in advance of said meeting, according to law. All proceedings of the Board of Directors were recorded while the convened meeting was open to the public.

Chairperson Kent called the meeting to order at 7:02 PM.

Minutes of the June 28, 2010 meeting were reviewed. Morgan moved to accept the minutes. Seconded by Duffy. Motion carried.

Kelly presented the Pender Care Centre District, Inc. financials for May. Patient days for the months were 897. Cash on hand as of May 31, 2010 was $304,063.00. The nursing home had approximately 99 days of revenue in accounts receivable at the end of May. This has shown a slight increase over the last couple of months. The nursing home’s operating margin is right at <1.0%> compared to a benchmark of 5%. Days of cash on hand are right at 78 days. This is below the target of 90 days required by the USDA. However, the USDA will look at this in combination with Prairie Breeze, which continues to be above 90. Employee costs represent just over 55.0% of total operating expenses, which is well below the 59.25% target. The facility is at 7 years for the Average Age of the Plant and has been seeing a slightly upward trend for this measure over the past several years. EBIDA to assets for the nursing home is almost 6%. Cumulative operating income is <$15,997.54> and net income is <$12,267.54> through May. Kelly also presented the Prairie Breeze financials for May. Patient days for the month of May were 307. Cash on hand as of May 31, 2010 was $294,616.91. The assisted living had approximately 30 days of revenue in accounts receivable at the end of May. The facility’s operating margin is <49.0%> compared to a benchmark of 5%. We hope to see this improving as the facility becomes more established. Days of cash on hand is still at just over 350 days. As such, the target of 90 days required by the USDA has been met and now just needs to be maintained. The facility is just over one year for the Average Age of the Plant. EBIDA to assets for the assisted living is right at 0%. Cumulative operating income is <$118,965.04> and net income is <$117,815.04> through May. Duffy made a motion to approve May financials as presented. Svoboda seconded. Motion carried.

Lichty introduced Sarah Baier, the new DON at PCC and says that she has been a great addition to the PCC family.

Lichty then presented his PB administrative report. The sod is still not laid at PB. Todd’s sod has been having issues with the heavy rains and so we are waiting to hear from them as to when the new sod will be in place. We currently have 13 residents and are scheduled to show the facility to three more potential residents. We have been talking to Randy Kinnaman about putting a door in to adjoin two rooms. Kent asked if we had checked into the regulations that might accompany a door adjoining rooms. Lichty stated that he is looking into this. The full-time cooks start on August 2nd. The employees that have been out due to a family illness have returned and things are slowly getting back to normal.

Pender Care Centre currently has 22 residents with 2 on Medicare. The resident furniture has arrived and is very nice. Lichty thanked Kent for all of his help with the furniture as it arrived earlier than anticipated and Lichty was on vacation when it did come. We are currently in the process of moving some offices at PCC in an attempt to make for easier access for everyone. There is a new billing process for Medicaid. Sarah reviewed the assessment process that is required to be completed.

Lichty then requested approval on a payment for roof repair at PCC. When the new air conditioner was installed, some leaks were found that were not covered under the roofs warranty. Morgan made a motion to approve the payment for the roof repair. Heineman seconded. Motion carried.

With nothing else to discuss, Morgan made a motion to adjourn the meeting. Svoboda seconded. Meeting adjourned at 7:38 pm.