Initiative Graphs Third Quarter

Financial Performance
Improvement Plan

Fiscal Year -

rd Quarter Data

W. Hickory Street
Sylacauga, AL

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www.cvhealth.net

Initiative #

Development of a more robust locally
supported Cardiology Program

Responsibility

Glenn Sisk, CEO
Amy Price, CNO/COO
Vanessa Green, CBDO
Andy Gill, Director of Imaging
Tonya Henderson, Director of Nursing

Bottom Line Impact:

FY 7: $ 5 K

K

K

K

K

K $,

K $, $, th Quarter
$,
$, $, rd Quarter $,
$,
st Quarter nd Quarter $,
GOAL: $ , $,
YTD: $,

Initiative #

Expanded New Vision Service
Medical Stabilization Inpatient Program

Responsibility

Amy Price, CNO/COO
Vanessa Green, CBDO
Donnell Lewis, Program Director
Ammar Aldaher, MD, Medical Director

Bottom Line Impact:

FY 7: $ 5 K

K

K

K $,

K $,

K $, rd Quarter th Quarter
K
$,
$,
nd Quarter
st Quarter

GOAL: $ , $ , $ , $ ,
YTD: $ , $ , $ ,

Initiative #

Blue Cross/Blue Shield Rate Increase

Responsibility

Roland Thacker, CFO
Amy Price, CNO/COO

Heather Bennett, Director of Case Management
Jeff Wood, Infection Control

Bottom Line Impact:

FY 7: $75 K

K

K

K $,
K
$,
$,
K

K $, $, th Quarter

st Quarter nd Quarter rd Quarter

GOAL: $ , $, $, $,
YTD: $, $, $,

Initiative #

Clinical Documentation Management Program

Responsibility

Amy Price, CNO/COO
Roland Thacker, CFO

Darlene Reaves, CDMP Specialist
Heather Bennett, Director of Case Management

Sandy Murchison, Director of HIM

Bottom Line Impact:

FY : $ 9K

K

K $,
$,

K

K $,

K nd Quarter $, th Quarter
$, $,
K $, $, rd Quarter $,

st Quarter $,
GOAL: $ , $,
YTD:

Initiative #

Expand Special Reference Lab Services

Responsibility

Glenn Sisk, CEO
Amy Price, CNO/COO
Roland Thacker, CFO

Bottom Line Impact:

FY 7: $ 5K

$,
$,

K

K $, $,

K

K $,

K nd Quarter rd Quarter th Quarter

st Quarter $, $, $,
GOAL: $, $, $,
YTD:

Initiative #6

Lease Revenue Opportunity—Childersburg Clinic

Responsibility

Christy Knowles, CHRO
Vanessa Green, CBDO
Keith Knox, Director of Facilities

Bottom Line Impact:

FY 7: $ K

K

In Progress
Dr. Nix Moving 6/ 9
Leaving available space to be
marketed for lease

st Quarter nd Quarter rd Quarter th Quarter

Initiative #

Employee Benefits

Responsibility

Christy Knowles, CHRO
Janean Crawford, HR Manager
Greg Crane, Director of Pharmacy

Bottom Line Impact:

FY 7: $ 5K

K Measurement begins $, $,
K January $,
K
nd Quarter rd Quarter th Quarter
K

K

st Quarter

Initiative #

Drug Distributor Change

Responsibility

Roland Thacker, CFO
Amy Price, CNO/COO
Christy Knowles, CHRO
Greg Crane, Director of Pharmacy
Randy Stephenson, Director of Materials Management

Bottom Line Impact:

FY 7: $ 5 K

K Measurement begins $,
K January
K $, $,
th Quarter
K nd Quarter rd Quarter

K

st Quarter

Initiative #

Anesthesia & Emergency Services

Responsibility

Amy Price, CNO/COO
Karen Varner, Director of Surgical Services

Nancy Hill, Nursing Director ER

Bottom Line Impact:

FY 7: $ 5K

$, $,

K nd Quarter $, th Quarter
K
K rd Quarter

K

K

st Quarter

Initiative #

Horizon Health Behavioral Services

Responsibility

Amy Price, CNO/COO
Roland Thacker, CFO
LaJuanna Webb, Program Director

Bottom Line Impact:

FY : K

K $,

K

$,

K

K $, $, th Quarter

$, nd Quarter rd Quarter

K

st Quarter

Initiative #

Potential Rockford Clinic Closure

Responsibility

SCHA Board
Glenn Sisk, CEO
Vanessa Green, CBDO
Roland Thacker, CFO

Bottom Line Impact:

FY : $ K

K
K
K
K
Under Board
Review

Under Board
Review

Under Board
Review
K
nd Quarter rd Quarter th Quarter
K

st Quarter

Initiative #

Potential Sale of Post-Acute Services

Responsibility

Glenn Sisk, CEO
Amy Price, CNO/COO
Roland Thacker, CFO

Bottom Line Impact:

FY 7: $ . M - $ . M

M Under Board
M Review
M
Under Board
Review

Under Board
Review
M
nd Quarter rd Quarter th Quarter
M

st Quarter

Initiative #

Potential Sale of Medical Arts Office Building

Responsibility

Glenn Sisk, CEO
Christy Knowles, CHRO
Roland Thacker, CFO
Keith Knox, Director of Facilities

Bottom Line Impact:

FY 7: $ K

K

Contingent upon
Post Acute Sale
Contingent upon
Post Acute Sale

st Quarter nd Quarter rd Quarter th Quarter

Initiative #

Potential Land Sale
Main Avenue Property

Responsibility

Glenn Sisk, CEO
Christy Knowles, CHRO
Roland Thacker, CFO
Keith Knox, Director of Facilities

Bottom Line Impact:

FY 7: TBD

TBD

In Progress
Contingent upon
Post Acute Sale
Contingent upon
Post Acute Sale

st Quarter nd Quarter rd Quarter th Quarter

Initiative #

City of Sylacauga Cash Contribution

Responsibility

City Council
SHCA Board
Glenn Sisk, CEO
Roland Thacker, CFO

Bottom Line Impact:

FY 7: $ . Million

.M

City Leadership
Transitional Decision

City Leadership
Transitional Decision

City Leadership
Transitional Decision

st Quarter nd Quarter rd Quarter th Quarter

Initiative # 6

Cost Accounting System

Responsibility

Roland Thacker, CFO
Janice Brown, Controller

Bottom Line Impact:

FY 7: TBD

TBD

st Quarter nd Quarter rd Quarter th Quarter

Initiative # 7

Engage Consultant for Operational Assessment

Responsibility

SHCA Board
Management Team
Senior Leadership

Bottom Line Impact:

FY 7: TBD

TBD

In Progress
Pending Final Report
Under Board Review

st Quarter nd Quarter rd Quarter th Quarter