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At the Health Center meeting of May 1st, the Board discussed
how best to report financial information. The billing firm manager
will be here on May 7th to look over the operation and install
a MediSoft upgrade, which should help with reporting. Since mid-March,
bills are going out faster and to more insurance companies than
ever.
A second grant will be applied for from the Grand Traverse Bay
Tribe, to cover the cost of educational and preventive services.
Teleconferencing will be expanded, and testing equipment installed
to eliminate the waiting time for blood to be flown across.
Money will be short for a few years, although “the BIRHC
is in better financial shape than ever.” It’s hoped
the Capital Campaign will raise the Endowment Fund (now at $111,021,
with the CCCF) to $250,000 by the Grand Opening (June 25th, with
Phil Hoffman as MC), to $1,500,000 within 3 years, and to $5,000,000
within 5. A fall-back option is to borrow against the new building
(up to 20% of its value), making payments from the EF’s interest.
The survey will be repeated in June for seasonal residents; 117
replies came from the first 270 sent out, which will be collated
by Eula Thomas. Lenore Jacobsen is masterminding the Fashion Show
(July 8th), which will be held at Deerwood. Three practitioners
are interested in joining the team, possibly including Mike McGinnity.
A $1,000,000 liability policy for the Board was approved. Gerald
LaFreniere resigned from the Board because of increased duties
with the EMS and at home. The truck for the raffle arrived on
the boat; 500 tickets will be sold at $100 each.
Dr. White mentioned that the Board had allowed Dr. Molter, an
optometrist, to move into the new building, set up, and see patients
before any contract was signed. The Board apologized, saying its
attorney had taken a vacation before the contract was finished.
None of the eight Board members present knew permission had been
given for this. Dr. White also said she had received a letter
blaming her for people complaining about her water lines being
left out.
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