HomeMy WebLinkAbout05-03-06
MINUTES OF THE
DOWNEY CITY HOSPITAL COMMISSION
REGULAR MEETING
MAY 3, 2006
I. CALL TO ORDER
The Downey City Hospital Commission Regular Meeting was called to order at 5:02 p.m., May
3, 2006, in the 2nd Floor Training Room of Downey City Hall, 11111 Brookshire Avenue, Downey,
California.
II. ROLL CALL
Present: Sharisse Molyneux, Chairperson
Dianne Lumsdaine, Vice-Chairperson
Diane Boggs
Chuck Hutchinson
Jerald Silby
Dwight Simpson
Julie Simpson (arrived at 5:17 p.m.)
Harold Tseklenis
Rachel Villalobos (arrived 5:09 p.m.)
Also Present: Lee Powell, Assistant City Manager
Joyce Doyle, Chief Deputy City Clerk/Acting Secretary
III. APPROVAL OF MINUTES: February 1, 2006
It was moved by Commissioner Hutchinson, seconded by Commissioner Boggs and
to approve the Minutes of February 1, 2006
unanimously carried (7/0) .
IV. DOCUMENTS SUBJECT TO REVIEW
A. Downey Regional Medical Center – Consolidated Financial Statements and
Supplementary Financial Information – year ended June 30, 2005.
The Commission reviewed the above documents.
Commissioner Hutchinson commented on the page immediately following page 3, no
number, noting the current ratio of the Hospital’s net assets to current liabilities is .78366 to 1 on this
balance sheet and it should be 2 to 1. He further related the Hospital had a gross operating loss of
$13,661,213, pointing out the investment income and the gain on the properties brought the loss
down to $6,680,000. He referenced page 25, Caremore Matters, and discussed the affect Caremore
and their loan has had on the Hospital.
Mary Lou Schmidt, Downey Regional Medical Center (DRMC), Chair of the Board, advised the
Commission that Caremore had paid the loan off about 3 months ago. She said the Hospital has
been running at full capacity with 175-178 patients. She announced the Hospital was on track this
fiscal year and expected to break even.
Commissioner Dwight Simpson pointed out that the Hospital is meeting the lease
requirements of the City.
Ms. Schmidt noted the Hospital’s reimbursement was increased for Medi-Cal patients from
City Hospital Comm. Minutes 05-03-06 1
$900 per day per patient to $1,500 per day. She also discussed that DRMC is categorized as a
“distressed” hospital due to the large number of Medi-Cal patients, noting that State legislation will
enable DRMC to receive a large amount of additional funds in the future.
Commissioner Dwight Simpson expressed hope this additional funding could be used to
refurnish Hospital reserves.
Ms. Schmidt discussed with the Commission the cost of earthquake retrofitting the Hospital
versus building a new one; using the old Hospital for office buildings; and construction of a parking
structure. She told the Commission she would attempt to get quarterly statements to the City in the
future.
B. State of California – Certificate of Status of Domestic Corporation.
C. Rogers, Clem & Company – enclosure letter.
D. Current Report on Daily Hospital Service Charges, Wages & Salaries.
It was moved by Vice-Chairperson Lumsdaine, seconded by Commissioner Silby, and so
receive and file.
ordered to
V. ORAL COMMUNICATIONS
Commissioner Boggs thanks Ms. Schmidt for attending the meeting.
Commissioner Lumsdaine thanked Ms. Schmidt for all the information regarding the Hospital.
th
Commissioner Tseklenis announced a celebration at the Hospital at 5:30 p.m., May 11
dedicating the J. Arthur Morris Imaging Center.
Commissioner Dwight Simpson also thanked Ms. Schmidt for attending the meeting this
evening.
Commissioner Julie Simpson mentioned she had missed a few meetings but was glad to hear
things are turning around at the Hospital. She also thanked Ms. Schmidt for her dedication.
Chairperson Molyneux mentioned she has a client who spoke very highly of all her visits to
DRMC. She thanked Ms. Schmidt for the information tonight and the hope for a better future for the
Hospital, and said the Commission looked forward to receiving the June Financial Statement for the
nd
August 2 City Hospital Commission Meeting.
VI. ADJOURNMENT:
5:50 p.m.
adjourned
There being no further business, the meeting was to 5:00 p.m., August 2, 2006, in
the 2nd Floor Training Room of Downey City Hall.
__________________________
Joyce E. Doyle, Acting Secretary
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