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DPH reports net surplus at six-month projection; COVID accounting and staff redeployments affect primary care
Summary
Acting CFO Jenny Louie told commissioners the department’s six-month projection shows a projected net surplus (including a delayed disproportionate-share reduction recognition) and described reassignment of operating costs to a citywide COVID project; commissioners asked about the effect of redeployments on primary-care services.
The Department of Public Health presented its second-quarter financial projection on April 6. Acting Chief Financial Officer Jenny Louie told the commission that, after recognizing a delayed disproportionate-share hospital reduction of about $51.7 million, the department’s six-month projection shows a net surplus in the roughly $60.6 million range.
Louie described an accounting step: reassigning salary and operating costs for staff…
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