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KH focuses on finances tonight

Posted: July 27, 2014 3:50 p.m.
Updated: July 28, 2014 5:00 a.m.

The KershawHealth Board of Trustees will meet tonight at 6 p.m. in its Health Resource Center on Battleship Road. The meeting, which is open to the public, will focus on financial matters as Executive Vice President and COO/CFO Mike Bunch reports on June’s finances.

According to financial documents attached to a copy of tonight’s agenda, KershawHealth suffered another operating loss and decrease in net assets in June, with corresponding decreases in surgical cases, inpatient admissions, emergency department visits and births compared to June 2013.

Bunch will also provide an overview of a financial assistance policy and ask that the board vote on that policy at its next meeting in August. He will also report on bond matters.

Interim CEO Terry Gunn will have several items to discuss. They include improvements to KershawHealth’s main campus, creating a joint center of excellence, emergency services, revising a leadership performance and incentive plan, a suggestion for holding strategic plan town hall sessions, and an update on physician recruitment and development.

The board’s quality, ad hoc bylaws and strategic planning committees will all provide updates. There will also be a legal services update from an ad hoc committee working on that matter. At its last meeting two weeks ago, the board met in executive session with three law firms bidding to provide KershawHealth with legal services.

The board will enter executive session again tonight to review those contracts. No public vote on that issue is listed on the agenda.

Trustee Bobby Jones, acting as liaison with the KershawHealth Board of Visitors will ask trustees to vote on new members to that body.

Board Chair Karen Eckford will discuss communicating with the public about a change in venue for board meetings. Trustees discussed the idea two weeks ago, with the idea of holding several meetings a year in different parts of the county. According to the agenda, the board may hold its Oct. 27 meeting at KershawHealth’s Elgin campus.

Other matters during the executive session will include a medical staff report and an employment matter concerning Gunn’s contract as interim CEO. The agenda indicates the board will consider changes to his contract following the executive session.


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