Teton County Commission Chairman Bill Leake, right, accepts a check from Teton Valley Health Care, Inc. Board Chair Bob Benedict during a county commission meeting in January 2015.
During a regular meeting of the Board of County Commissioners Monday, Jan. 26, Teton Valley Health Care leaders presented a check for $19,537 for the county coffers. The payment comes as part of a lease agreement of the hospital facilities between the county and TVHC, Inc. and represents 5 percent of TVHC’s net operating profit for fiscal year 2014, which ended Sept. 30, 2014.
Commissioner Kelly Park noted the significance of the moment by reflecting that several years ago, our county was “at risk of losing our community hospital” due to serious financial challenges.
The irony of the situation was not lost on Bob Benedict who currently serves as Chair for the TVHC Board of Directors. Bob was a County Commissioner during the hospital crisis when the BOCC took over the governance of the facility and supervised the subsequent restructuring of hospital administration and the business model. Over two years ago, TVHC moved from a county-owned business to a private nonprofit healthcare organization, effectively protecting the county from hospital financial liabilities and removing the burden of tax support from residents.
Bob expressed gratitude for Teton County taxpayers who helped pass two supplemental levies in 2008 and 2010 to boost TVHC out of near bankruptcy, saying that TVHC has survived due to community support.
CEO Keith Gnagey provided updates on other contractual terms including the annual lease payment of $70,000 and an agreement that TVHC maintain and improve the county-owned plant each year by investing in repairs and new equipment. The amount required per that equation in FY 2014 was $416,149.25. Year-end audited financials showed that TVHC made over $751,000 in improvements or 180 percent of the requirement.
“It was absolutely my pleasure to give this check to our county and to have the opportunity to thank our taxpayers and everyone who worked so hard to make this possible,” said Bob Benedict after the BOCC meeting.
“Every year presents new challenges for rural hospitals, both anticipated and unanticipated,” adds Gnagey. “We hope that we’re in a position next year to again present a check to Teton County.”
Do you prefer to have a heart that keeps beating? If not, keep surfing because what I have to say is of no interest to you.
Let’s get straight to the heart of the matter: warm-hearted people joined our Hospital Foundation campaign to raise over $38,000 for a new Zoll defibrillator for our local ambulance service. This is a vitally important unit to support emergency cardiac care. Thank you to everyone who helped us achieve this portion of our Keep it Beating fundraiser. You are truly [tippy title=”lifesavers” header=”off” ][/tippy] and I don’t mean the candy.
If you have a soft spot in your heart for Emergency Rooms (and really, who doesn’t? Especially if you have young children) you can shore up your investment in life by donating toward the purchase of an additional cardiac monitor for our ER. Different from the Zoll defibrillator that rides in the ambulance, the cardiac monitor hums along right next to our ER patient, transmitting vitals to the central nurses’ station for continual supervision. It’s a good thing. It follows your heart, among other essential organs like lungs.
Our goal is to have this type of monitor next to each ER exam bed and we just need one more to reach the goal, so we’re coming to you with heart in hand. Consider making a donation of any amount to help us heal broken hearts.
Well, this is kind of a fun exercise using the word “heart” in multiple ways but if I go too far with this, you may get heartsick and exit in a heartbeat, which would be heartless of you.
Instead, open your heart and join in the kind of campaign that everyone with a heart should care about: Keep it Beating.
This is not your average healthcare CEO article. I won’t trot out numbers, stats and confusing lingo. I’ll only use the word “metrics” once, and instead of looking back, I’m going to tell you what Teton Valley Health Care plans to accomplish in 2015 as we work toward becoming the one of the best rural hospitals in the U.S.
In 2015, you can look forward to online access to your medical records, treatment plans and prescriptions through the implementation of our new patient portal. Through this portal, you’ll also be able to tell us how you’d prefer to receive messages, when you need prescription refills and reminders for follow-up care. Online payments and a review of your prior bills will also be available.
We’ll respond to your needs by adding services that make sense for our community. Currently, we can all benefit from 24/7 consultations with University of Utah Health Center stroke and burn specialists through our portable telemedicine robot. In the New Year, we’ll add tele-adolescent psychiatry and hopefully tele-oncology. We also want to add new clinic service lines, such as dermatology.
You’ll see interior changes in our clinics and hospital as we continue to press ahead with our design goal to reflect a healing environment for our patients, their families and friends. Changes will include a more natural design theme and room renovations that will make navigation easier for patients and providers.
We’re also determined to provide more services at a “one-price-covers-all” cost. This is difficult for hospitals because everybody is physically different and many times when a surgeon or physician has begun a procedure, other issues are discovered that need to be taken care of. For now, you can check out our new bundled pricing for colonoscopies and upper GI screenings at tvhcare.org. We’ll add more of this type of pricing throughout 2015.
Similar to the saying that good things come in small packages, I believe that Teton Valley is fortunate to have a small hospital that offers impressive medical and nursing staff, round-the-clock emergency care, a menu of carefully selected services and technology that rivals or exceeds the capabilities available at some larger hospitals. After giving numerous tours of our facility to outside hospital leaders, specialists and providers from large healthcare organizations, I’ve learned to anticipate their expressions of surprise and some envy when they see – for example – our X-ray and surgical suites, laboratory equipment and digital mammography room.
What services, changes and improvements do you want to see at your community hospital? Let us know by calling me at 354-6355, email email@example.com or comment on our Facebook page. TVHC tweets, pins, FBs and blogs, too, in an effort to continually offer access and information for everyone. We invite you to be a part of moving TVHC from better to the very best.