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<br /> <br />Agenda Item Number: <br /> <br />ORANGE COUNTY BOARD OF HEALTH <br />AGENDA ITEM SUMMARY <br /> <br />Meeting Date: October 23, 2019 <br /> <br />Agenda Item Subject: 1st Quarter Financial Report FY 19-20 <br /> <br />Attachment(s): 1st Quarter Financial Report <br /> 1st Quarter Billing Dashboard <br /> <br />Staff or Board Member Reporting: Rebecca Crawford <br /> <br />Purpose: ___ Action <br /> _X_ Information only <br /> ___ Information with possible action <br /> <br /> <br />Summary Information: <br /> <br />Total Health Department Budget vs. Actuals: Average YTD monthly revenue in <br />FY19-20 after the first quarter is $216k/month or $647k YTD, representing 20% of our <br />overall budgeted revenue for the year. As usual though, the total first quarter revenue is <br />skewed down due to the majority of state funds not eligible to be drawn in July (this is <br />typical) and allocations of Medicaid Max funds will not be transferred into our budget <br />until the end of the fiscal year. Expenses are in line with revenues, at 19% of the overall <br />budget. <br /> <br />Total Billing Accuracy: The medical and dental billing accuracy measure continues to <br />be a challenge as we work with UNC and the Dental EHR, Eaglesoft, to improve the <br />accuracy of the reporting system for Health Department revenue and is not included in <br />this quarter’s dashboard. <br /> <br />Dental Earned Revenue by Source: The FY 19-20 average monthly revenue <br />($53.4k/month) for the first quarter is above our budget projection ($45k/month) and our <br />FY 18-19 average of $47k/month. We are seeing the direct impact of adding the <br />additional Dental Hygienist in FY 18-19 and will potentially exceed our projected annual <br />revenue related to this position ($72,157) since the dental clinic is fully staffed. FY 19- <br />20 dental earned revenue totaled $160k at the end of the first quarter compared $118k <br />at the end of the FY 18-19 first quarter. <br /> <br />Medical Earned Revenue by Source: Medical earned revenue is currently below the <br />budgeted projection for FY 19-20 ($57k/month) at $43k/month due to provider turnover