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CPGH, Inc. Quarterly Report December 31, 2011 Prepared for The Kenai Peninsula Borough Assembly and Administration February 28, 2012. Presentation Overview. Financial Performance New/Expanded Services Physician Recruitment Leadership Changes New Board Members Other Items.

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Presentation Overview

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  1. CPGH, Inc. Quarterly ReportDecember 31, 2011Prepared forThe Kenai Peninsula Borough Assembly and AdministrationFebruary 28, 2012

  2. Presentation Overview • Financial Performance • New/Expanded Services • Physician Recruitment • Leadership Changes • New Board Members • Other Items

  3. Gross Patient Revenue – FY 2012(in thousands) 24.6% increase

  4. Net Patient Revenue – FY 2012(in thousands) 13.2% increase

  5. Lease and Operating Agreement – 6th Whereas • The parties agree that CPGH, Inc. shall endeavor to operate the Medical Facilities on a self-supporting basis;

  6. Net Income – FY 2012(in thousands) 8.8% Increase

  7. Charity Care & Bad DebtFY – 2012(in thousands) 19.3% increase Community Benefit

  8. Charity Care & Bad DebtFY - 2012 • $7.3 Million uncompensated care provided to community members • Financial Assistance Program Brochure available at the following website • http://www.cpgh.org/workfiles/CPH%20FinancialAssistBrochure-12-10lr.pdf

  9. Cash & CDsFY – 2012(in thousands) 7.6% increase

  10. 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

  11. 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

  12. Heather Schramm, MD, PhD PEDIATRICSArrives 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. / Ph. D. program

  13. Quality / Patient Satisfaction • CPH Mission: We are a community-initiated and community-nurtured organization dedicated to promoting wellness and providing high quality health care that ensures the confidence and loyalty of our customers. Patient Satisfaction Quality / Patient Safety

  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

  15. New CPGH, Inc. BoardMembers Irv Carlisle Pete Sprague Craig Humphreys, MD

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

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