October 7, 2009 Edition
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LHS finances reviewed,
The Board of Governors for Lawrence Hall Nursing Center and Lawrence Memorial Hospital learned that finances are still tight for Lawrence Health Services during a board meeting on Sept. 28.
Foundation plans gala
Lawrence Memorial Hospital lost $96,013 for the month of August. Cash flow has become a significant problem due to a software problem at the clearinghouse used by the billing department. This backlog should be cleared within the next month.
Lawrence Hall Nursing Center made $86,617 for the month. As such, the system lost $9,396 for the month. For the two months, the system still has a positive bottom line of $56,697.
President Terry Lambert noted that even though LHS had a positive bottom line, it does not go very far when trying to give employees raises and keep equipment up to date.
"This is another example of why the sales tax revenue is so critical to the systems' operation," he said.
remain at the top
Core measure data for pneumonia, congestive heart failure and acute myocardial infarction (AMI) remains at 100 percent.
"These quality scores keep LMH at the top spot in the state as compared not only Critical Access Hospitals but also all other hospitals in the state, Lambert said.
The Golden Jubilee Committee of the Lawrence Health Foundation is planning to hold a Christmas Gala on Friday, Dec. 4, at the Lawrence County Community Room.
Ticket prices will be set soon and will be on sale within a few weeks. Proceeds will go toward phase one of the Med/Surg patient room renovations.
The Board also approved, in concept, a phased plan to renovate the entire Med/Surg area. The next step is to get detailed drawings and an estimated budget.
In addition, the group talked about electronic health records that are being required by Medicare. Preliminary estimates indicate that an EHR system could cost $1.3 million.
Lawrence Hall has recently been surveyed by the Office of Long Term Care. As always, a few areas of improvement were noted. The Plan of Correction for those items was accepted by the state.
Plans are being drawn up for a family visiting room for the residents. The plan is to have two or three dining tables and two or three sitting areas. This will enable residents to visit with family and friends in a more private area outside of their room.
The floor replacement has been completed and the stripping and waxing has started. The vinyl wall coverings are also complete.
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