NRMC Hospital Board of Directors

Nevada Regional Medical Center BOARD OF DIRECTORS February 27, 2024 Members Present: Cindy Thompson, Bob Beaver, Seth Barrett, Mike Brown, Aimee Meyer, Dr. Moore (arrived 5:27pm), Jayne Novak, Jason Anglin, Dr. Jennifer Conley (arrived 5:38pm) Members Absent: Mandy Barnes, Geoff Stewart Others Present (Internal): Holly Bush, CQO; Jessica Collier, HRAO; Christi Keating, CNO; Michael Jones, CFO: Jennifer Eaton, EA Others Present (External): Marvin Knoche, Leland Splitter, Tammy Helm; Teleconference: Jason McCormick Topic Discussion Action & Follow-Up Call to Order Mrs. Thompson called the meeting to order at 5:14 p.m. and noted that a quorum was present. No conflicts of interest were disclosed. Celebration of Good Lots of Shining Stars. Things Nice to interact and meet Mr. McCormick in person last week. PRIDE team sold valentine candy grams. Over 200 sold; staff were excited & appreciative to receive them. Approval of Minutes Reports and minutes of the following meetings were provided in the packet for review: Approved as written upon a • Board of Directors – January 30, 2024 motion made by Aimee • Meyer and second by Seth Barrett. Public Comment None. Informational. from those registered Board Provided at meeting: Informational. Education Reviewed the MHA 2023 Report of Accomplishments. Highlights advocacy and legislative efforts. Several of those initiatives do benefit NRMC. Administrative CEO Report – Mr. Anglin provided the following highlights from the report: Informational. Reports • Financials improved in January. • Stroudwater consultants onsite last week. Lots of meetings and data/information gathering. They will be compiling their report to present back to the Board & Administration. • Exploring a USDA grant to help fund the SFOA. • Performance Therapy is now in-house. Going well. • Working on start date for Dr. Ellefsen, Ortho Services. • NowCare expanded hours has been going well. Seeing approximately 30 patients each weekend. • FEMA: still slow moving. Request is $1.6M. Financials Mr. Jones gave a review of financials: The January financials were • Loss: $43k. approved upon a motion • Total patient revenue: $10.8M. made by Jayne Novak and • 340B back pay. There were a couple dual entries that needed to be corrected. second by Seth Barrett. • Salaries/wages were up. • Supplies were up. Patient volumes were higher constituting the need for more supplies. • Cash did increase due to volumes and collections. • Bond days: 6.6. Page 1 of 2  Nevada Regional Medical Center BOARD OF DIRECTORS February 27, 2024 Board Committee Committees were on hold this month due to consultants & data gathering. Will review with Mr. McCormick Reports next week on further meetings. Board Governance Mrs. Thompson noted the meetings last week were very positive. Now is the time to grow – “abundance.” New Business Mrs. Meyer presented Mr. Beaver with a plaque of recognition for his years of service on the Board. Move to Executive The Board Chairman requests an Executive Session for reasons in accordance with RSMo (1994) Section Bob Beaver Yea Session 610.021 Subparagraphs (1), (3), and (13) made by Bob Beaver and Aimee Meyer at 5:46 pm. Results of a Roll Mike Brown Yea Call vote are as follows: Mandy Barnes Absent Seth Barrett Yea Aimee Meyer Yea Candice Moore Yea Jayne Novak Yea Geoff Stewart Absent Cindy Thompson Yea Work Session Please send schedule availability to J. Eaton to get a work session schedule with Mr. McCormick to review board governance, policies, etc. Adjournment The meeting was adjourned at 7:10 p.m. upon a motion made by Aimee Meyer and second by Jayne Novak. All voted in favor. Respectfully submitted, Jennifer Eaton, Exec Asst. Page 2 of 2