Mrs. Ford reported financial statistics for the outreach clinics indicating a total of 206 admissions and 51 outpatient procedures that were contributed to Jackson County Memorial Hospital for the month of October. The report was given during the regular session of the JCMH Board of Trustees on Monday.

Bill Wilson reported on physician recruitment. Dr. Guy Sneed, OB/GYN, plans to join JCMH around June 2009. Johnny Sacco, CRNA, has signed a contract and plans to join JCMH in January. Dr. Dale Anderson, EM, continues to show interest in joining JCMH.

Alan Staples, UBS, gave an update of investments for the JCMH Health Care Corporation, with a total of $4.9 and the JCMH Funded Depreciation Account, with a total of $4.7. These funds are all FDIC insured and are invested in money market accounts and U.S. Treasury Bills as required by the JCMH Investment Policy.

The board approved the revised Investment Policy as presented by Mr. Chris Wray. The policy is in compliance with the necessary Oklahoma statutes. All banks utilized in investments are also in compliance with the statutes.

Teri Stubbs gave the board their required annual training on corporate compliance. She also presented a revised Corporate Compliance Plan and the board approved the revisions.

Fixed Assets from Funded Depreciation and Designated Funds to Funded Depreciation were approved in the amount of $438,372.67.

The board approved the Hospice Medicare Conditions of Participation requirements that will go into effect Dec. 2 as presented by Mrs. Ford.

The board approved the Annual Hospice Evaluation as presented by Mrs. Ford.

Mr. King reviewed the National Patient Safety Goals, which are a part of The Joint Commission standards. As a part of the accreditation process, JCMH is required to be in compliance with the National Patient Safety Goals. The purpose of these goals is to promote specific improvements in patient safety.

Mr. King reviewed the highlights from the Performance Improvement Committee Meeting that was held on Nov. 4.

The board approved an additional $12,000 for the Endoscopic Equipment that was approved in October. The additional money will allow the purchase of cameras that can be steam sterilized, which will save around $12,000/year.

Dr. Zakhary, Chief of Staff, reported from the JCMH Medical Staff Executive Committee meeting that was held on November 10. The Board approved the following recommendations:

Request for Initial Appointment for Courtesy Staff: Jeffrey L. Shipman, DO – Emergency Medicine, Request for Reappointment for Courtesy Staff: Robert F. Sweeney, MD – IM/Cardiology Bassam C. Saliba, MD – IM/Cardiology, and Vijaya Velury, MD – IM/Cardiology.

Mrs. Davidson reported on the financials for the month of October. Inpatient and outpatient revenues were under budget, while outreach service revenue remained above budget. Overall expenses were under projections resulting in a net income of $360,271 for the month of October and year-to-date net income of $657,208.

Mr. Wilson reported that the Cancer Center started providing chemotherapy treatments last week. There are currently 8 chemotherapy patients and 9 radiation patients.

Mr. Wilson and the senior managers have interviewed three applicants and will interview one more for the Vice President of Patient Care Services position. Two of those applicants will be asked for a second interview.