Park Hospital District board talks about finances, bond covenant
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#1 May 31, 2013
That amount (900 THOUSAND DOLLARS) sounds like exactly how much the Hospital spent in the last 6 months buying private residences on Stanley Circle for 'staff housing'. The management decisions are getting worse, and now they will spin it like 'poor us', when someone should probably get a spanking for making those bad decisions. That gargantuan-lobby-attempt at looking like a big hospital makes me clench my jaw every time I have to walk through it. Disgusting use of taxpayer money, EPMC Board. Although, where else do you get to stay in a 600 THOUSAND DOLLAR house as a staff person making above average wages? Disgusting.
#2 May 31, 2013
what a bunch of gobble-dee-gook. why even try to write this stuff if you can't make it understandable. just citing amounts and percentages isn't reporting. this article raises so many important questions that were not addressed. when is the next hospital board meeting? we should all be there to demand a thorough explanation from the financial staff of the hospital. of course that is what our elected board is supposed to be doing for us. are they? can't tell from this article. and why is the hospital buying residential property? is that what the board feels is appropriate with the hospital funds? seems like they better pay closer attention to the "cash ratio" before they spend that cash on "staff housing". can that really be what they are doing with the residential properties? ANSWERS. that's what we need and soon, before the hospital defaults on the bond debt.
#3 Jun 1, 2013
I agree with the above.
We the citizens voted in the EPMC expansion and administration points to all externals rather than any thing they may do to govern with prudence.
Run the finances at EPMC with principles of efficiency and reason, and things might fall into line.
We had a small, similar surgical procedure done in the valley for 1/4 of what the price was at EPMC. And the skill level was well above what EPMC had on hand.
Residents should make a show at Hospitable board meetings. WE are the Bond holders and will pay for budget shortfalls by increased property taxes.
Tom H., Estes Park
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