Our friend Joann Coleman, who regularly attends the University of Arkansas Board of Trustees meeting, sends some notes from today’s session in Morrilton with Dan Rahn, chancellor UAMS.
According to Coleman, Rahn reported hospital and clinic operations were near the break-even point in June, despite flat patient volume, thanks to a reduction in uncompensated care and the expansion of Medicaid coverage in Arkansas, both byproducts of the Affordable Care Act (Obamacare). He said the number of patients with insurance coverage through health exchanges had been a little disappointing, but he hoped for greater penetration of the subsidized insurance with a new signup period in the fall. Asked about July and August, he said the hospital was in the black; outpatient services were ahead of budget, though still running a deficit, and the College of Medicine showed a positive budget. Board member Jim von Gremp commented that results were more positive than he’d anticipated.
UALR: The Board of Trustees also heard from UALR about ideas to improve its neighborhood. These include narrowing traffic on University Avenue and using traffic roundabouts at major intersections (Asher and 65th) as part of an idea to create a campus neighborhood along a corridor west of University, including some university multi-use building. These are just in the talking and dreaming stage now.