The Lamb County Board of Managers met in a regular meeting on Sept. 21, 2021 at noon in the Education Room at Lamb Healthcare Center.
The meeting was called to order at 12:05 p.m. by Board President Tony Barton and D’Ann Craig was introduced to the Board as the new Administrative Assistant, replacing Joan Williams, during open forum.
Cindy Muller made a motion to approve the minutes from the August 17th meeting and it was seconded by Booner Smith. The motion carried.
Cindy Klein reviewed the Financial Report for August with the following information:
Total Cash Flow at the end of August 2021 was $6,930,715.00. Inpatient Revenue is over budget $343,668.00. Outpatient Revenue is over budget $2,888,642.00. Revenue Deductions are under budget ($2,374, 944.00). Other Operating Revenue is under budget ($9,489,520.00). Total Revenue is under budget ($8,631,130.00). Operating Expense is within range at ($418,080.00). Total for Other Expenses is within range at ($8,831.00). Totals for Expenses is over budget ($423,911.00). Net Income/(loss) YTD was $846,205.00. Revenue over budget without revenue deductions is ($6,257,210.00). Net Income for the month with tax support is ($64,993.00). Net Income for the month without tax support is ($159,012.00). The ending County bank balance at the end of August 2021 is $6,930,715.00.
LHC Family Medicine
LHC Family Medicine had a revenue before contractuals of $208,303.00 with a YTD amount of $1,881,39.00. Total Expenses for August were $182,123.00 with a YTD total of $2,063,052.00. Net of Revenue and Expense total does not include contractuals was $26180.00 with a YTD total of ($181,713.00). The clinic has 1,946 office visits and a YTD total of $17,134.00. Total Procedures were 5,376 with a YTD total of $45,951.00. Revenue (with Lab) was $411,515.15 with a YTD at $3,354,121.48. Revenue with write offs was $309,376.10 and a YTD of $2,570,353.14. Receipts totaled $188.281.54 with a YTD total of $1,598,174.11.
Olton RHC
Olton RHC had a revenue before contractuals of $21,349.27 with a YTD amount of $160,308.77. Total Expenses for August were $14,622.58 and a YTD of $206,726.60. Net of Revenue and Expense without contractuals was $6,726.69 and a YTD total of ($46,417.83). The clinic had 224 office visits with a YTD total of 1,554. Total Procedures were 471 and YTD 3492. Revenue (with Lab) was ($40,150.27) with YTD $279,569.77. Revenue with write offs was $13,899.81 and a YTD total of $230,435.83. Receipts totaled $13,899.81 with a YTD total of $128,497.85.
Steve Busby brought it to the Board’s attention that he felt the financial statement was a little confusing to read and decipher, with Cindy Klein agreeing to create a new for the financial narrative for future Board meetings.
Cindy George, MD told the board that Medical Staff approved the Initial Appointments for Mustafa Hussain, MD, and Mitchell Moriber, DO, both with Concord.
Smith made a motion to approve the Initial Appointments and it was seconded by Johnny Rosemond. The motion carried.
Dr. George also stated that Medical Staff approved the Reappointment for Montana O’Dell, MD with Concord, and Creed Abell, MD with Lubbock Diagnostic Radiology. Medical Staff also approved Joseph Trudeau, MD, Robert McClure, MD, Asif Anwar, MD, and Anjali Roy, MD, all from Diagnostic Radiology.
Muller made a motion to approve the Reappointments and it was seconded by Smith. The motion carried.
Dr. George and Rolando Rodriguez, MD updated the Board on current COVID status, and that Medical Staff voted to limit hospital patient visitors to one person per day instead of three that were allowed the previous month. Dr. George discussed the decision to divert trauma cases due to the hospital’s CT scan being out of service.
Busby made a motion to excuse the absence of Carla Synatschk, Jeni D. Brunson, and Evan Maxwell and it was seconded by Rosemond. The motion carried.
Stacie Styron, DON reviewed the Infection Control and QAPI reports for August.
Cindy Klein brought before the board the request from County Commissioners to form a committee to create and monitor a financial 3-year plan. The Board agreed to table this topic until the next meeting, due to the absence of several key Board members.
Klein stated during the administrator’s Report that the hospital and clinic’s phone system is about to become obsolete and will need to be replaced soon. A special meeting will have to be called to discuss buds from contractors.
Contractors were in the hospital the previous week to discuss construction and the status of the project.
Rosemond made a motion to adjourn the meeting at 1:28 p.m. and it was seconded by Muller. The motion carried.