The Board of Trustees of the Jackson-Madison County General Hospital District held their monthly meeting at Jackson-Madison County General Hospital, Tuesday.
Highlights of the meeting included:
Special Report
Joyce Noles, Executive Director of Medical Center EMS, presented an update on Emergency Medical Services at West Tennessee Healthcare.
Resolution: Assumption of Doing Business As Names
The Board approved a resolution presented by Darrell King, Vice-President, to adopt or change assumed names of several of the District’s physician practices as part of the renaming/rebranding efforts throughout the system.
Resolution: Donation of Property
The Board approved a resolution presented by Jeff Blankenship, Chief Financial Officer, to donate property currently already located on Youth Town’s Campus in Pinson, TN, to Youth Town.
Resolution: Breast Biopsy System
The Board approved a resolution presented by Deann Thelen, CEO of JMCGH, for replacement of a breast biopsy system at a cost $330,466 from budgeted District funds.
Resolution: Clinic Space Renovation
The Board approved a resolution presented by Tim Adams, Vice-President, for renovations to property located at 329 Coatsland Drive, Jackson, TN at a cost of $332,225 from budgeted District funds.
Resolution: Milan Hospital Generator
The Board approved a resolution presented by Tina Prescott, Chief Operating Officer, for purchase of a replacement generator for Milan Hospital at a cost of $378,756 from budgeted District funds.
Quality Dashboard
Dr. Jackie Taylor, Chief Physician Executive, presented the WTH Quality Dashboard and a COVID-19 update.
Committee Reports
The Board heard a summary report of the most recent West Tennessee Healthcare Foundation meeting and a report regarding the Medical Care Review Committee from Mrs. Vicki Burch and a report from Mr. Danny Wheeler from the Finance Committee.
CFO Report
Jeff Blankenship, CFO, provided an update on the healthcare system’s financial performance through March.
COVID-19 volume stabilized at lower levels in March. Other volumes continued to rise. Most notably, surgery volumes were up 2% over budget for the first time in many months. This increase in volume resulted in favorable revenue for the month (5% over budget).
Although expense was also up, with staffing challenges and some remaining COVID-19 costs, the increase was less than in prior months (8% over budget). As a result, for the first time in several months, operating income was positive ($0.2m and 0.2%).
For the fiscal year to-date through March, the system’s operating margin was -2.8% vs. 2.4% budgeted. We await further guidance from federal agencies on relief funding guidance to determine how much relief funding may be retained to offset this loss.
COO Report
Tina Prescott, Chief Operating Officer, provided a report regarding all of the recent departmental celebrations and upcoming celebrations for the staff, “which are very exciting considering the challenging year that the staff has had due to the pandemic.”
Ms. Prescott recognized the Sleep Lab for their recent re-accreditation.
Ms. Prescott also discussed the system’s ongoing commitment to provide comprehensive services in our communities and discussed the importance of access to care and the full continuum of services which are needed by its patients.
(PHOTO: Board of Trustees monthly meeting, Tuesday)
