Present:  Directors  Daugherty, Kloster, Tobias, Heinisch
Absent Directors:  Dubin, Richter

Also Present:  C. Anderson,  Scavotto, Bockman, P. Anderson

Vice-Chair Tobias called the meeting to order at 7:05 am.

A quorum was established and the agenda was approved as submitted on motion (unanimous) by Kloster (second Daugherty). Minutes of the previous meeting were not sent out and will be sent out immediately following this meeting.


 

Old Business: None

New Business

 Scavotto reviewed the status of operations. Operating results continue to be a surce of concer, especially since June of 2004. With several positive indicators such as Medicare revenues, the IGT reimbursement, and the private pay mix, there is no readily apparent reason for such a dramatic change in operating results. Benefits and staffing patterns have been examined. Analysis will continue until we find the cause of the problem

The Board continued its discussion of pursuing the Supportive Living project. The application has been filed but it has been too early to expect any response from IDPA yet. We remain optimistic about our chances for approval. We anticipate being invited for an interview with IPA as this is part of the application approval process.

Next Meeting 

March 16, 2005 

Meeting adjourned at 7:40AM. (motion Tobias, second Kloster)

Respectfully submitted.

Catherine Anderson

Recording Secretary