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Archive for Tuesday, March 19, 1991

LMH HEALTH PLAN IN BETTER SHAPE, NEW REPORT SAYS

March 19, 1991

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Claims against the Lawrence Memorial Hospital employee health plan continue to run in excess of premiums. But hospital officials say the high claims are a carry-over from last year and they hope increased premiums adopted this year and a more restictive claims policy will move the health plan out of the red.

Dennis Strathmann, assistant executive director for finance at LMH, will report to trustees Wednesday on the status of the employee health plan and on the current budget during a 9 a.m. meeting. The meeting will be in the Sunflower Room at LMH.

In a report to trustees, Strathmann notes that claims are running about $50,000 a month over premiums for the first two months of the year. The health plan had to borrow $50,000 last month from the hospital to meet expenses in February.

Strathmann also will report that inpatient statistics in February showed a modest decline. Inpatient revenue last month was $103,000 or 12.2 percent below budget.

Trustees also will schedule an education session for themselves concerning the LMH Endowment Assn. and a special meeting April 24 to review recommendations concerning a ventilation project at the hospital.

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