LAWRENCE MEMORIAL HOSPITAL

BOARD OF TRUSTEE MEETING MINUTES

JANUARY 16, 2008

 

 

Present:            Chuck Heath                            Gene Meyer                             Jeff Novorr

                        Verdell Taylor                          Simon Scholtz                           Sherri Vaughn, MD

                        Mark Praeger, MD                   Deborah Thompson                  Kathy Clausing

                        Sheryl Jacobs                           Dana Hale                                Mike Thompson, MD

                        Judy Keller                               Karen Shumate             Andy Ramirez

                        Allen Belot                               Sheryle D’Amico

                        Dan Lambert                            Jane Maskus

 

Absent: Joe Flannery (excused)

                        Donna Osness (excused)

 

Others present:  Belinda Rehmer, Community Relations, Skanda, Facilities Management

 

Call to Order

The meeting was called to order by Chuck Heath.

 

Welcome to Dr. Sherri Vaughn

Dr. Vaughn was welcomed as the new Vice President of Medical Affairs. 

 

Approval of Agenda

The agenda was presented for approval.

 

            MOTION: made by Judy Keller, seconded by

            Mark Praeger to approve the agenda as written.

            Motion carried.

 

Consent Agenda

a)      Approval of minutes for December 19, 2007 Board of Trustee meeting.

b)      Planning Committee report.

 

MOTION: made by Mark Praeger, seconded by

Sheryl Jacobs to approve the Consent Agenda.

Motion carried.

 

Finance Committee Report

Chuck Heath reported that the Finance Committee met to review the Investment Policy which would allow LMH to invest in high quality funds.  He described as to putting cash and reserves into three buckets (1) money placed daily in the bank’s sweep account (2) short-term portfolio that will consist of investments in Money Market Mutual Funds & (3) long-term portfolio consisting of corporate bonds, US Treasury Notes and US Agency securities, laddered out for five years. This could enhance the bottom line by $300,000 a year.  A consultant will be advising the LMH staff as we proceed to transition from current investments and the LMH staff will

Board of Trustee Meeting Minutes

January 16, 2008

Page two   

 

execute the transactions. The Finance Committee recommended the policy to the Board for approval.

 

Dr. Praeger asked about the Kansas Idle Funds Law.   Andy Ramirez related to the Attorney General’s opinion that due to Lawrence Memorial’s status as a Public Charity, its funds are not subject to the Idle Funds Law.          

 

MOTION: made by Mark Praeger, seconded by

Sheryl Jacobs to approve the Investment Policy.

Motion carried.

 

Facilities Committee Report

Judy Keller reported on the construction progress. The Committee discussed the contingency fund and felt that if dollars have been spent on activities related to the MOB then they should not allocate them in the contingency fund.  Management will review.

 

Discussed the helipad, its location and route to the emergency room after it moves and the construction begins on the surgery suite. The physicians’ first choice is to have the helipad on the roof, which will cost $800,000 for the pad and elevator.  The hospital and construction management are meeting with the flight crews of regional helicopter services to determine a potential interim location during the next year.   The Committee continues to look at the prospect of an MOB.

 

Medical Executive Committee Recommendations

Dr. Thompson presented the Medical Executive Committee’s recommendations for Board approval:

MEDICAL STAFF – New Appointments:

 

William Lang Perdue, M.D. – (Courtesy Staff; Surgery Department)

Appointment effective 1/16/08 through 6/30/09 with Surgery privileges as requested.   There will be a Provisional period during this initial period of appointment.

 

ALLIED HEALTH PROFESSIONAL STAFF* – New Appointments:

 

Kathryn Eaton, ARNP and Kathie Shump, ARNP – (sponsors:  Lawrence Emergency Medicine Physicians).  Appointments effective 1/16/08 through 6/30/09 with assignment of duties as requested.  There will be a Provisional period during this initial period of appointment. 

Jodette Cox, ARNP– (sponsor:  Dr. Dickerson, Eudora Family Practice).  Appointment effective 1/16/08 through 6/30/09 with assignment of duties as requested.  There will be a Provisional period during this initial period of appointment. 

Regina Heidner, ARNP– (sponsor:  Dr. Gravino, Mt. Oread Family Practice).  Appointment effective 1/16/08 through 6/30/09 with assignment of duties as requested.  There will be a Provisional period during this initial period of appointment. 

 

 

 

 

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January 16, 2008

Page three

 

 

            MOTION: made by Dan Lambert, seconded by

            Sheryl Jacobs to approve the Medical Executive

            Committee’s recommendations.  Motion carried.

 

CEO Comments

Gene Meyer reported on the following:

·         The hospital has been extremely busy for inpatient activity.

·         The new MRI has been delivered to LMH South.

·         A memo is attached to the statistics in the front of the books with definitions as to categories to help with understanding the report.

Old Business

a)      Physician Recruitment – Gene Meyer reported the following:

·         IMG is still recruiting for a gastroenterologist

·         LOGS is searching for another OB/GYN

·         Cardiovascular Consultants are interviewing physicians for an interventionalist.

·         LMH is recruiting for a Family Practitioner for Eudora

·         General Surgery is hopefully completed

·         A sixth Hospitalist is being interviewed

b)      McLouth Update – Sheryle D’Amico reported that the McLouth Clinic is doing very well despite the ice storm that put them without electricity for a few days.  Sheryle reported a 10% increase in inpatients & outpatients from this zip code area. and an increase of $500,000 in charges.  Dr. Klingler, Urologist, is spending some time at the Clinic and is scheduled with six new patients.  Dr. Yockey is there once a month for reviewing charts.

c)      Community Health Survey – Gene Meyer reported the committee is still working on.

d)      Sunflower Provider Network (Physician Hospital Organization) – Simon Scholtz reported that the PHO was created to assist the Medical Staff with administration of managed care contracts. There are now 52 physicians signed up for the PHO.   The Board of Directors is Dale Denning, President, Jim Smith, Lee Reussner and Greg Schnose representing the medical staff, Gene Meyer, Simon Scholtz and Bob Bean representing LMH and Mata Benteris and Jim Richmond representing Managed Care Partners. The contracts that the PHO is working with are Coventry  Medicare Advantage and Health Partners of Kansas.  The Board of Directors want to bring more physicians on staff into the PHO and this will be discussed at the next meeting.

 

New Business

a)      Strategic Planning Process – Gene Meyer reported that KauffmanHall was contacted regarding performing a financial and strategic planning for LMH and the proposal received back was too high and we will be looking at other options. 

 

Announcements

a)      LMH Endowment Annual Meeting January 29 at Marceli’s

b)      Emergency Department Open House February 26 (11:30 – 2:00 tentative)

 

 

 

 

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January 16, 2008

Page four

 

 

Executive Session

 

            MOTION: made by Judy Keller, seconded by

            Mark Praeger that the Board of Trustees recess to

Executive Session for consultation with hospital

attorney which would be deemed privileged in

the attorney-client relationship, to include the CEO,

CFO, and Chief of Staff.   The open meeting to

resume in this room at 10:30 a.m.  Motion carried.

 

MOTION: made by Judy Keller, seconded by

Mark Praeger that the Executive Session be extended

to 10:45 a.m.  Motion carried.

 

MOTION: made by Judy Keller, seconded by

Mark Praeger that the Executive Session be extended

to 11:00 a.m.  Motion carried.

 

MOTION: made by Allen Belot, seconded by

Sheryl Jacobs to leave Executive Session.

Motion carried.

 

Open meeting convened at 11:01 a.m.

 

Adjourn

            MOTION: made by Allen Belot, seconded by

            Sheryl Jacobs that there being no further

            business, the meeting adjourn.  Motion carried.

 

 

                                                                        Respectfully submitted,

 

 

 

                                                                        Verdell Taylor

                                                                        Secretary