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Hospital Report 2006
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Hospital Report 2006
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Last modified
5/14/2013 3:20:40 PM
Creation date
3/14/2011 5:09:24 AM
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Office Of Council
Document Type
Oaths
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<br />SECTION _. <br />COMPLIANCE CRITERIA <br />_ ACTION/STATUS <br /> Hospital will be an active participant CCF regional health care system and <br /> a Member of CHN. Integration will enable CCF and Hospital to develop <br /> and implement a continuing health care system and evolve or expand <br />' Ho ital services <br />, <br />1.9 Ho ital's Chairman will serve on CCF Boazd In fiance <br />1.1.1 Cash to debt ratio -CCF shall assure cash to debt ratio of 1:1 on a fiscal 1a Compliance. <br /> eaz basis <br />2.1.2 Capital Expenditures In Compliance. <br /> Hospital capital expenditures will average $5 million per year over a <br /> rolling 10 year period for investment in or replacement of physical plant, <br />" acquisition of equipment and implementation of new programs; however ' <br /> at least an average of $3 million is expended annually over a rolling 3 <br /> ear< eriod. At least 75% shall be in the Ci <br />2.1.3 Right to Manage (if cash flow from operations averages less than $3.0 Ia Compliance. <br /> million for any consecutive rolling three yeaz period), CCF can assume <br /> da to da mans ement re onsibilities <br />2.1.4 CCF Funds _ In Compliance. <br /> CCF will provide $10 million to assist the Hospital in the development or <br /> improvement of programs and facilities. 75% will be spent on programs <br /> and facilities within the Ci <br />2.1.5 Physicians 1n Compliance. <br /> CCF will use its best efforts to ensure its physicians who practice in the <br /> Hospital's service area,, including Westlake satellite, will maintain <br /> Hospital privileges. hospital and CCF physicians will participate in PHO: <br /> Regional System- Iospital will participate, including proportionate In Compliance. Members of Regional management staff <br /> management and Board governance, in awestern regional system. have been placed at each of the Regional Hospitals <br /> <br />Corporate management and governance offices will be located at a . <br /> physical location other than any physical location generally identified <br /> and/or associated with an of the. altici ants <br />2.1.6 At Hospital's request, CCF will work with the Hospital to establish joint In Compliance. <br /> operation of specialty services, which will be consistent with strategic <br /> lan and bud et established b CCF <br />' ..'' 2.1.7 At Ho ital's r nes •CCF and the Ho ital will work to ether to ' ,In G - <br />Cc~Dncumentx and SeHinx\Nmal,lrnest co,.:....e~me.:....._._.r_._._.c_,__v,.,T.....a....... .. _: _ <br />may......, ...w..+.... a.w,v+.av .i~ t[.~uu I.EW lY1CmUCIXEpOII.000 ~. r. <br />Page 8 <br />m ~ w. <br />_ ~~ .. ..- -. r-, __,. 't .- .-,..... .-. ~-.._ __ ' ate.- <br />
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