Present:  Directors  Heinisch, Kirby, Stromborg, Wilson, Daugherty,  Richter

Absent/Excused:   Tobias

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

The meeting was called to order by Kirby at 7:00 am. A quorum was present. The meeting agenda was approved as submitted. Motion  Wilson, second Heinisch, unanimous.

1. Minutes: The minutes of the previous meeting were approved as submitted. Motion Daugherty second Richter, unanimous.

2. Old Business:  None

3. New Business:
   
    

a.       Management Report  – Operations

Financial statements for September and October were reviewed with Scavotto presenting overall performance. Private pay days for October were corrected to read 1937 rather than 1942. Both months were better than anticipated, especially October where we experienced a cut in Medicare reimbursement of $30 per day.  Strong Medicare and private pay volumes continued to be the distinguishing factor in operating performance. Costs continue to be well-managed by department managers.

IDPH has not yet acted upon our request for certifying all beds for Medicare. We expect action prior to December 1.

The intergovernmental transfer is moving through channels and initial reports are that payments will be retroactive to October 1. We will probably book these revenues in the next fiscal year.

IPA missed (delayed) a payment and, as a result, accounts receivable are higher than normal.

Negotiations with AFSCME are under way. Cathy Anderson leads the negotiation team.

The development of the Alzheimer’s program was presented by C. Anderson and included the initial thinking on facility renovations. The senior living study is progressing; assisted living does not appear to be a good option.

4. The Board went into Executive Session at 7:30 am (motion Daugherty, second Stromborg) and emerged at 8:00 am (Motion Tobias, second Wilson).  No action was taken.
   
    
5. Next Meeting: January 15, 2003
   
    

Respectfully submitted,

Catherine Anderson
Recording Secretary