Present:  Directors   Tobias,  Dubin, Kloster, Daugherty, Casella, Ubl

Absent Directors:  Klein

Also Present:   Scavotto, C. Anderson, Bockman

Chair Casella called the meeting to order at 7:05 am.

A quorum was established and the agenda was approved as submitted (Motion Kloster (second Daugherty).

Old Business: None

New Business

 

Management Report: Financial performance continues to be much improved over last year. Two contributing factors have been a steady census and the increased reimbursement associated with the IGT program.

Budget preparation for fiscal 2008 is in process. Labor costs will be increasing 3.75 percent according the collective bargaining agreement. Utilities are up over last year by 16 percent. Health insurance costs are up over last year by 7 percent. As a result, rate increases for private pay clientele are likely to average 5 percent. It appears that we will hold the IGT rate of $225.09 for Medicaid and we are likely to forecast to over $400 per day for Medicare services. For the last several months, Medicare has been averaging $430+.

The facility is in need of some maintenance. Resident room walls could benefit from the protection offered by heavy gauge vinyl. We have had great success with this type of protection in other areas of the building. The kitchen floor also needs attention. The solution here may involve the HVAC system (to dehumidify) as we are experiencing a great deal of moisture in the kitchen. County Facilities Management is assisting us in this endeavor.

Management will begin preparing a plan for expanded dementia services. The plan will include a market assessment plus facility changes required to create another dementia unit. At the same time, management will investigate the feasibility of making other selected improvements to the building.

Next Meeting:

September 26, 2007

Meeting adjourned at  7:55 AM. (motion Kloster, second Tobias, unanimous).

Respectfully submitted.

Catherine Anderson

Recording Secretary

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