First they need a $7 million stabilization bailout, and just last week the HUMC states a projected $3 million surplus for 2010. The HUMC is always full of surprises when it comes to turnarounds in fiscal data. Just last spring Peter Cammarano said the hospital "was thriving" based on a glowing report he he recieved by the HUMC and good old Harvey Holzberg. By the end of the year (2009) the HUMC reported losses in excess of $22 million for the year. Ouch!
Photo by Hoboken Journal - All Rights Reserved
Here is tonight's generic agenda....
HOBOKEN MUNICIPAL HOSPITAL AUTHORITY
JANUARY 27, 2010 MEETING AGENDA7:00 pm Regular Meeting
1. Open Public Meetings Act Disclosure Statement
2. Roll-Call
3. Pledge of Allegiance
4. Approval of Minutes
- December 16, 2009 Executive Session #1
- December 16, 2009 Executive Session #2
- December 16, 2009 Regular Session
5. Executive Session Closed to the Public (IF NECESSARY)
6. Report from the Hospital CEO*
7. Committee Reports
- Finance
- Quality/ Patient Safety
8. Finance Report by Vincent Riccitelli, Acting CFO*
9. Presentation of Authority matters by the General Counsel
10. New Business
• Resolution Authorizing Payment of Claims
• Resolution electing a Treasurer/ Finance Committee Chair
• Resolutions amending the Bylaws
• Resolution Retaining the Services of an Auditor
• Resolution Approving the Credentials Committee Report
• Any other matters that may come before the Board
10. Discussion Items
11. Public Comments
12. Adjournment of Meeting
* Key times in meeting to get update on financial situation
ACTION WILL BE TAKEN AT THIS MEETING
MEETING PLACE
ASSUMPTION HALL
HOBOKEN UNIVERSITY MEDICAL CENTER
308 WILLOW AVENUE, HOBOKEN, NEW JERSEY ◦
