NRMC Hospital Board of Directors

Nevada Regional Medical Center SPECIAL WORK SESSION: BOARD GOVERNANCE May 31, 2024 ~ Mezzanine Members Present: Mandy Barnes, Seth Barrett, Mike Brown, Aimee Meyer, Jayne Novak, Geoff Stewart Members Absent: Cindy Thompson, Bob Beaver, Dr. Moore Others Present (Internal): Jason McCormick; Jason Anglin; Holly Bush Others Present (External): None Topic Discussion Action & Follow-Up Call to Order Mr. Brown called the special work session to order at 8:05 a.m. and noted that a quorum was present. No conflicts of interest were disclosed. Governance Mr. McCormick opened discussion about how community & employee perception of hospital reputation is changing to a more Informational. Policy Review positive one. Forbearance monies from BAM are to arrive early next week. If FEMA funds arrive timely and 340B monies remain strong, continued stabilization of revenues is very encouraging. Reviewed changes in policies and excellence in the organization. Commitment to work together is a message being heard throughout the organization. Policies: 1. 107 Asset Protection-discussed Facilities Master Planning in the future, work plans for compliance, guidelines for purchase or repair of assets, management of intellectual property, management of public image 2. 108 Compensation and Benefits -discussed how wage scales are determined, how raises may be administered, how NRMC advertises positions, new wage scales methodology. 3. 109 Communication to the Board-discussed policy management by the board, consent agendas, governance of board and CEO roles, 4. 110 Ends - Focus of Grants or Contracts discussed that all grants will be used prudently, no unlawful or unethical activities. Board approval for grant applications in excess of $25,000. 5. 111 Leadership Program -discussed the establishment of plan that ensures successful fulfillment of mission, vision and values, and support of performance measures to fulfill strategic and operating plans each year. 6. 112 Community Relations -discussed maintenance of positive relationships with the community. Governing agencies and policy setting organizations. Involve community in long term planning. Mr. McCormick will make any suggested edits, finalize and get in board packets for approval at next meeting. Adjournment The special work session was adjourned at 10:10 a.m. upon a motion made by Aimee Meyer and second by Mandy Barnes. All voted in favor. Respectfully submitted, Holly Bush, COO Page 1 of 1