The El Camino Healthcare District Board of Directors unanimously approved the district’s consolidated budget June 19.
In doing so, the district board also ratified the hospital’s fiscal year 2014 budget – slated to begin Monday – following its recent approval by the hospital’s board of directors. The consolidated budget for the hospital and district entities projects a net income of $83 million.
Additionally, the district board approved Community Benefit program plans for the hospital and district. Combined, the plans will provide more than $8 million in grants and sponsorships to community organizations providing health services to residents with limited or no access to health care.
“This past fiscal year, we have worked hard to maintain a high level of financial strength to ensure the continued delivery of quality care to the community we serve,” said John Zoglin, chairman of the El Camino Healthcare District Board of Directors, in a released statement. “In the coming fiscal year, we will continue to focus on enhancing the well-being of the community through programs and initiatives that address the continuum of care through innovative partnerships with physicians, businesses and payers.”
The Community Benefit program – administered separately by the district and hospital – was developed following a triennial assessment that identified core community health needs. The Community Benefit Advisory Council prioritized four areas of need in the coming year: health-care access, mental health, obesity reduction and health literacy. Grants totaling $8.2 million in fiscal year 2014 from the district and hospital will focus on organizations that concentrate on those areas.
“The Community Benefit program is a crucial part of the district’s mission to provide health-care services to all who live within its boundaries,” Zoglin said. “Through a thorough assessment of needs, a careful selection of partners and rigorous reporting requirements, we can ensure that health-care gaps are being filled and critical services are being provided to those who need them most.”
In a final piece of business, the district board elected Patricia Einarson, M.D., to replace Zoglin for the upcoming fiscal year. Board directors Julia Miller and Dennis Chiu were selected to serve as vice chairwoman and secretary, respectively.
For more information, visit www.elcaminohealthcaredistrict.org.