Kerry Loudermilk, chief financial officer for Phoebe Putney Memorial Hospital, gives a financial outlook on Phoebe North as well as other Albany-Dougherty Hospital Authority activities for the current fiscal year at the authority’s most recent meeting Thursday.
ALBANY, Ga. — One of two resolutions passed by the Hospital Authority of Albany-Dougherty County on Thursday included one that will allow officials to move forward with a public hearing on the hospital it acquired in December.
Jay Reynolds, the attorney for the authority, advised that it is required under law to send out three notices for a public meeting regarding Phoebe North’s lease, the first of which should appear at least 60 days before the hearing is going to take place.
The resolution passed Thursday allows officials, despite the Federal Trade Commission’s hopes of challenging the hospital’s acquisition in the U.S. Supreme Court, to go on with the process of planning the hearing and sending notices out through advertisements in The Albany Herald.
“The public will be given an opportunity to make observations if they like,” Reynolds said.
The hearing will likely take place in late May in the Government Center on Pine Avenue, the same venue in which the Albany City Commission and Dougherty County Commission meetings are held.
The law also states that the Phoebe North lease cannot become effective until 60 days have passed since the hearing, Reynolds said.
The Phoebe North lease will be set up like its sister hospital, Phoebe Putney Memorial Hospital. It is owned by the authority but will be leased to Phoebe Putney Health System.
Kerry Loudermilk, Phoebe’s chief financial officer, also gave a financial outlook for the fiscal year that ends on July 31 — which gives a financial picture for Phoebe North as well as other authority activities.
For the year to date, there was $45.2 million budgeted for revenues — and Phoebe has actually brought in $53.4 million. At the same time, there was $11.4 million budgeted for expenses — while it has actually spent $13.4 million.
The authority also approved a resolution that gives the go-ahead for the firm PricewaterhouseCoopers, LLP to move forward with the process of updating a survey done five years ago to ensure Phoebe Putney Memorial Hospital is compliant with its lease.
“We felt it was important to update it,” said Ralph Rosenberg, chairman of the authority.
A follow-up was also given on the transition process for Phoebe North, which officials say is still ongoing through the orientation of employees as well as the blending of management staff.
Also relating to the transition, Dr. Doug Patten, senior vice president of medical affairs for the main hospital, added at the meeting that the Phoebe Physicians Group is providing emergency center care at both hospitals now.
Phoebe Putney Memorial Hospital has been working with Schumacher Group, a national provider of emergency room services, to help the facility improve certain measures within this department of the hospital. This arrangement will take effect at Phoebe North April 1.