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HomeMy WebLinkAbout08-02-06 MINUTES OF THE DOWNEY CITY HOSPITAL COMMISSION REGULAR MEETING AUGUST 2, 2006 I. CALL TO ORDER The Downey City Hospital Commission held a Regular Meeting at 5:03 p.m., August 2, 2006, in the 2nd Floor Training Room of Downey City Hall, 11111 Brookshire Avenue, Downey, California, Chairperson Sharisse Molyneux presiding. II. ROLL CALL Present: Sharisse Molyneux, Chairperson Dianne Lumsdaine, Vice-Chairperson Chuck Hutchinson Jerald Silby Dwight Simpson Julie Simpson Harold Tseklenis Absent: Diane Boggs (excused) Rachel Villalobos Also Present: Lee Powell, Assistant City Manager Joyce Doyle, Chief Deputy City Clerk/Acting Secretary III. APPROVAL OF MINUTES: May 3, 2006 It was moved by Commissioner Julie Simpson, seconded by Commissioner Dwight Simpson to approve the Minutes of May 3, 2006 and unanimously carried (7/0) . IV. DOCUMENTS SUBJECT TO REVIEW A. Hospital’s Tax returns for Fiscal Year Ended 2005. The Commission reviewed the above referenced documents. Commission Tseklenis noted that the tax returns indicate 2005 was a loss for the Hospital. Commissioner Dwight Simpson noted on pages 24-25, the Hospital made $742,319 on Unrealized Gains on Investments. He also commented on the Other Decreases in Fund Balances – Prior Period Adjustment of $2,361,850. Commissioner Simpson further noted the Hospital reserves are dropping. Commissioner Tseklenis expressed concern regarding legal fees of over $5 million, stating he understood that these fees were suppose to be decreasing. Mary Lou Schmidt, Hospital Board Member, responded these fees were the end of the previous legal problems. Commissioner Tseklenis noted on Statement 13, page 32, with almost $26 million due from City Hospital Comm. Minutes 08-02-06 1 affiliates. Bruce Bowne, Executive Vice-President and Chief Financial Officer, DRMC, clarified that the majority of this amount is the new medical office building. Commissioner Hutchinson discussed DRMC’s President and Chief Executive Officer Allen Korneff’s salary and benefits, as well as the salaries and benefits of other officers with Ms. Schmidt and Mr. Bowne responding to comments from the Commission. Commissioner Hutchinson inquired as to the status of the Charter Ball and the Golf Tournament. Ms. Schmidt responded that the difference is in philosophies. The former fundraiser believed that the Ball was a public relations event and the current fundraiser believes that the Hospital should make money on these events. She stated this year the Hospital made money on the Golf Tournament and projected the next Charter Ball will also show a profit. Mr. Bowne added that the Charter Ball made about $30,000 last year. Commissioner Tseklenis inquired as to the percentage of Hospital employees living in Downey. Ms. Schmidt responded she did not know, but she would find out. Ms. Schmidt and Mr. Bowne stated that even if Hospital employees do not live in Downey, they shop and spend money in the City. Ken Stropple, Executive Vice-President and Chief Administrative Officer, DRMC, spoke on the shortage of nurses in Southern California. Mr. Bowne commented on the Hospital’s upcoming financial audit; hospital revenues, and the increase in the number of patients per day. He mentioned three positive events for the Hospital: the Blue Shield contract, noting the School District is with Blue Shield; the new relationship with Caremore; and renewing the Medi-Cal contract on more favorable financial terms. Mayor Meredith Perkins thanked the Hospital Commission for all their time and efforts and he also thanked the Hospital for making an effort by sending Ms. Schmidt, Mr. Bowne and Mr. Stropple to the meeting to provide updates to the Commission. He made a brief presentation to the Commission based upon being a non-voting member of the Board of the Hospital. It was moved by Commissioner Tseklenis, seconded by Commissioner Silby, and so receive and file. ordered to V. ORAL COMMUNICATIONS Commissioner Silby noted that health insurance and legal costs have changed over the past year. He thanked the Hospital personnel for attending tonight’s meeting. Commissioner Lumsdaine thanked the Hospital and Mayor Perkins for attending tonight’s meeting. She said she would like to see current figures from the Hospital presented for review. She stated she was happy the Hospital rehired Jim Klosterman. Commissioner Hutchinson said he was pleased the Hospital rehired Mr. Klosterman. Gerald Silby mentioned the Charter Ball and raising funds for the Hospital. Harold Tseklenis noted the passing of Tom Osborn, Director and Conductor of the Downey Symphony and commended his 19 years of service in the community. VI. ADJOURNMENT: 5:55 p.m. City Hospital Comm. Minutes 08-02-06 2 adjourned There being no further business, the meeting was to 5:00 p.m., November 1, 2006, in the 2nd Floor Training Room of Downey City Hall. Joyce E. Doyle, Acting Secretary City Hospital Comm. Minutes 08-02-06 3