Chief Financial Officer Holly Harper was unable to attend the meeting due to a death in the family, but Staff Accountant Darci Sampson came in her stead to update the trustees on SCKMC’s financials.
The report indicated the hospital itself had a $251,870 loss in the month of May and the clinic came in at a $90,169 loss. Prior to adding in sales tax revenue, the facilities had a combined loss of $342,039.
“One of the concerns I have … is that I noticed our accounts payable this month went up $400,000,” said trustee Dr. Nick Rogers. “When you factor that in, when you take the sales tax out, it’s probably a loss.”
“What was the $400,000 increase in payables?” he asked.
“We’re still trying to take care of the past-due invoices, but bills just keep coming,” Sampson said.
“I didn’t mean to put you on the spot … last month just seemed to spike,” Rogers said.
“Any time you have increased census, it increases the payments,” said Chief Executive Officer Virgil Watson. “We’ve had excellent censuses from April and May (due mainly to the senior health unit).”
“The graph seems to be going up,” Rogers said. “It seems with the revenue we have, it should be going down, and it just keeps going up.”
“It will go up and down depending what our census is,” Watson said. “But it’s better than it was last year.”
Trustees Hap McLeod and Dr. Jerry Old were absent from the meeting.
In other business, the trustees:
- unanimously approved the May meeting minutes.
- unanimously approved the purchase of new lab equipment at a cost of $59,000 annually.
- unanimously approved software upgrades for $88,911.
- unanimously approved the credentialing reappointments of Dr. Whitney Reader, Bree Greer, Dr. David Kingrey and Dr. Mark Wellemeyer.
- unanimously approved the credentialing appointments of scrub techs Kelsey Addington, Michelle Anderson, Regina Combs and Michelle Trujillo; Dr. Jeffery Vercollone; and Dr. Jeryl Fullen.
- heard a report from SCKMC Chief of Staff Dr. Perry Lin.
- heard a report from Watson concerning strategic planning, facilities and environmental services, as well as a management report.
- heard from John Jones, senior administrator of patient services, regarding the Kansas State Tax Credit Application.
- scheduled a board retreat for July 27.
- held an executive session to discuss matters of non-elected personnel.