Cook County Health and Hospitals System Board Meeting - August 26, 2016
Significant Decision Made:
The Cook County Health and Hospitals System (CCHHS) Board adopted a proposed budget of $1.849 billion that now goes to the Cook County Board for consideration/adoption slated for Sept. Importantly the direct Cook County (CC) proposed subsidy is shrinking from $121 million in 2016 to $110 million in 2017. At $1.849 billion vs the $1.714 billion 2016 budget, the proposed 2017 budget assumes a $214 million deficit and this does not include pension costs of $175 million, depreciation of $28 million or debt servicing costs.
Budget concerns discussed at the meeting:
Items of Note:
Four new CCHHS Board members were introduced:
Observer: Susan Kern, MD Meeting Length: 3 hours, 15 minutes
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