Board reviews FY2026 finances and approves multiple contracts including $431,000 language services and $272,000 MRI repair

Finance presenter (speaker 12) told the board that June revenue came under budget by $600,000 but year-to-date net revenue exceeded budget by $9.4 million, primarily because of one-time PHSPP funds. Expenses were unfavorable by $14.7 million for the year, and the operating margin fell short by $5.3 million for fiscal 2026. The presenter also reported current FTE counts of 680 hospital FTEs and 107 clinic FTEs and agreed to provide trailing-12 displays on future reports to smooth timing effects.

Following the financial presentation, the board approved several contracts presented by finance and procurement staff. Notable approvals included AMN/LanguageLine language services for $431,000 (no formal RFP but compared to two vendors), a Dell software-license renewal (about $18,800 over last year), a $272,000 Canon Medical Systems repair to fix an MRI at the Bordeaux clinic, a shared linen contract for $150,000 over two years, two Hill Rom surgical beds ($249,998) as a capital purchase and $150,033 in operating-room equipment (CME). Board members discussed maintenance agreements and equipment useful life for the MRI repair and confirmed approvals by voice vote.