NRMC Hospital Board of Directors

Nevada Regional Medical Center SPECIAL BOARD MEETING March 18, 2024 ~ Mezzanine Members Present: Cindy Thompson, Bob Beaver, Seth Barrett, Mandy Barnes (via zoom), Mike Brown, Aimee Meyer, Dr. Moore, Jayne Novak (arrived 12:57pm), Jason Anglin Members Absent: Geoff Stewart Others Present (Internal): Holly Bush, CQO; Jessica Collier, HRAO; Michael Jones, CFO; Jennifer Eaton, EA Others Present (External): Hanna Siems, LTC Board Chair; Debra Howell, LTC Interim Administrator (both departed 1:43pm); Jason McCormick (via zoom) Topic Discussion Action & Follow-Up Call to Order Mrs. Thompson called the special board session to order at 12:03 p.m. and noted that a quorum was present. No conflicts of interest were disclosed. Consideration Hanna Siems, LTC Board Chair & Debra Howell, Interim Administrator introduced themselves. Ms. Howell has had 10+ years Informational. & Discussion as an Administrator; worked primarily on the KS side. of Moore-Few Mr. McCormick gave the background and overview of the initial meeting. Was asked to do a quick feasibility study and Care Center proforma for recommendations. Worked to identify the pros/cons of the merger. Proforma based on average daily census of 60 patients. He noted the last 5-10 yrs have been difficult for nursing homes. Over next several years the start of the baby boomers will turn 80 years old; anticipate a rebound in census. Unskilled & skilled (swing bed) care. The skilled (swing) services would transition to care at NRMC (higher reimbursement rates) and the nursing home would continue with the traditional care. Discussion related to the pros and cons for both entities was discussed. Mr. Anglin feels it is something that NRMC should pursue and can assist with future growth. It will be a long term project however. Next steps: will need to speak with Forvis to figure out what needs to be completed. The City Council will ultimately need to do a resolution to complete the merger. Recommendation is to see how the City Council meeting goes tomorrow evening and then continue with discussions. Adjournment The special session was adjourned at 1:51 p.m. upon a motion made by Jayne Novak and second by Mike Brown. All voted in favor. Respectfully submitted, Jennifer Eaton, Executive Assistant Page 1 of 1