Presentation Overview Financial Performance New/Expanded Services - - PowerPoint PPT Presentation

SLIDE 1

CPGH, Inc. Quarterly Report December 31, 2011

Prepared for

The Kenai Peninsula

Borough Assembly

and Administration

February 28, 2012

State-of-the-ArtTechnology. State-of-the-H~t

Care.

SLIDE 2

Presentation Overview

• Financial Performance
• New/Expanded Services
• Physician Recruitment
• Leadership Changes
• New Board Members
• Other Items

State-of-the-Art Technology. Stafe-of-the-H~f

Care.

SLIDE 3

central

peninsula

hospital

heritage

place

Gross Patient Revenue -

(in thousands)

180,000

FY 2012

160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000

• ?4 RO/n incrA~~A

f-- t--

e­- I-

$95,660

r-

$76,748

­

• t--

~

­ t--

YTD 12/31/11 PY 12/31/10

State-of-the-ArtTechnology.

Stafe-of-the-H~t

Care.

SLIDE 4

central

peninsula

hospital

heritage

place

Net Patient Revenue - FY 2012

(in thousands)

120,000 100,000 80,000 60,000 40,000 20,000

• 13.2% increase

I­­ ­ ­I­­

$59,346 $52,417

• I­­
• I

YTO 12/31/11 PY 12/31/10 State-of-the-Art Technology. State-of-the-H~t

Care.

SLIDE 5

peninsula

hospital heritage

place

centra

Lease and Operating Agreement ­ 6th Whereas

• The parties agree that CPGH, Inc.

shall endeavor to operate the Medical Facilities on a self­supporting basis;

State-of-the-ArtTechnology. State-of-the-H~t Care.

SLIDE 6

central

peninsula

hospital heritage

place

Net Income ­ FY 2012

(in thousands)

...,

5,000

• 4,000

8.8% Increase

~

• r----

$4,443

$4,081

3,000

YTD 12/31/11 PY 12/31/10 State-of-the-ArtTechnology. State-of-the-H~t

Care.

SLIDE 7

central

peninsula h 0 S pit

a I

heritage

place

8,000

I

7000

'

6,000 5,000 4,000 3,000 2,000 1,000

• I

Charity Care & Bad Debt FY ­ 2012

(in thousands)

3,872

I

2,770 3,348 3,430

I

YTD 12/31/11

I

i

I

PY 12/31/10

I

I

I 0 Charity D Bad Debt I

Community Benefit

State-of-the-ArtTechnology. State-of-the-H~t

Care.

SLIDE 8

Charity Care & Bad Debt FY ­ 2012

• $7.3 Million uncompensated care

provided to community members

• Financial Assistance Program

Brochure available at the following website

• http://www.c(2gh.org/workfiles/CPHo/o

20FinanciaIAssistBrochure­12- 10lr.pdf

State-of-the-ArtTechnology.

State-of-the-H~rt Care.

SLIDE 9

central

peninsula

hospital

heritage

place

Cash &CDs FY - 2012

(in thousands)

$29,000 $27,000 $25,000 $23,000 $21,000 $19,000 $17,000 $15,000

7.6 % increase

• ­
• $27,218

r-

I­­­

r-

$25,282

I­­­

I­­­

I­­ ­I­­

• I­­­

I

• I DDec-11 o Dec­10 I

State-of-the-ArtTechnology. State-of-the-HC?'tCare.

SLIDE 10

central

peninsula

hospital

heritage

place

Transfers to Plant Replacement

& Expansion Fund*

• PREF Account Balance at 12/31/11:

$9,497,666

• Days Operating Cash on Hand at 12/31/11

­ 92.405 days

• Transfer to Plant replacement pending:

$627,999

• Balance after transfer ­ $10,125,665

*reinvest for facility maintenance, purchase of replacement equipment and development of new services

State-of-the-ArtTechnology. State-of-the-H~t

Care.

SLIDE 11

central

peninsula

hospital heritage

place

Lease & Operating Agreement ­ Section 21 (b)

• Any change in the level or type of

services provided shall be included in the next quarterly report regardless of the cost

­ Spine Program update:

• 93 Procedures Jul 2011 ­ Dec 2011

State-of-the-Art

• Technology. State-of-the-He.f!rt Care.

\)

SLIDE 12

central

peninsula

hospital heritage

place

Heather Schramm, MD, PhD

PEDIATRICS

Arrives August 1, 2012

CURRENT POSITIONS ­Pediatric Hospitalist ­Clinical Assistant Professor EDUCATION ­Vanderbilt Children's Hospital pediatric residency program ­University of California at Davis, combined

• M. D. I Ph. D. program

State-of-the-Art Technology. State-of-the-H~rt Care.

SLIDE 13

Quality / Patient Satisfaction

central

• CPH Mission: We are a community-initiated and community-nurtured

peninsula

• rganization dedicated to promoting wellness and providing high quality

hospital

health care that ensures the confidence and loyalty of our customers.

heritage

place

Quality / Patient Safety Patient Satisfaction

Percent of Patients that rate Perfect Care Score hospital a 9 or 10

100.0%

~I -------------==---=-----==---

80 ­­­­­­­­­­­­­­­­­- 70 ~67 n5

~67

~~

70

71 71

73 90.0%

f-I- - -

59 59

60 ­,­.­,- 80.0%

50 50 70.0% 40

30

60.0% 20 J 50.0% 10 J

I

• L~

40.0~o

01 02 03 04 01 02 03 04 01 02 03 04 01 02

~0 ~0

«:0-<:- ~CJ . 'l)­<::'­ 00.,0

~~

~~

«.0<::'­

{?V ,04.

*"C:>

q,­<:-

08 08 08 08 09 09 09 09 10 10 10 10 11 11

• ~

*-~

• .\-8 ~

#

n.'l)-~

~o

~

~'lj

«. 4

Q

C;

v

'""

*':~

~.

v

«:00

• ­S

Data Posted August 5, 2011 on hospita1compare.hhs.gov (10/09-9/10 d

State-of-the-Art

• Technology. State-of-the-H~t

Care.

SLIDE 14

Senior Leadership Changes

• Rick Davis
• Chief Executive Officer - 12/15/12
• Chief Operating Officer 8/01/11 - 11/01/11
• Alaska Regional Hospital - 1996 - July 2011
• Matt Dammeyer, Ph.D.
• Chief Operating Officer - 2/13/12
• Working at CPH as a Psychologist in the Behavioral

Health Department since June 11

• Assistant Administrator 4/01/08 - 6/30/11

State-of-the-ArtTechnology. State-of-the-H~t Care.

SLIDE 15

New CPGH, Inc. Board Members

bl

Irv Carlisle

~,

Pete Sprague Craig Humphreys, MD

State-of-the-Art Technology. State-of-the-He.P.rt Care.

\)

SLIDE 16

Other Items

• 2012 Strategic Plan
• 990 to be filed on Mar. 1, 2012
• Coker Group
• Rural Health Care Leadership

Conference

State-of-the-ArtTechnology. State-of-the-H~t Care.