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HomeMy WebLinkAboutRes2002-030 I I I Sponsored by: Janke CITY OF SEWARD, ALASKA RESOLUTION 2002-030 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AUTHORIZING THE CITY MANAGER TO ENTER INTO AMENDMENT NO.1 TO THE OPERATING TERMS OF THE LEASE AND OPERATING AGREEEMENT BETWEEN THE CITY OF SEWARD AND PROVIDENCE HEALTH SYSTEM-WASHINGTON, FORMERLY KNOWN AS SISTERS OF PROVIDENCE IN WASHINGTON D/B/A PROVIDENCE HEALTH SYSTEM IN ALASKA TO REDUCE THE TERMINATION NOTICE PERIOD AND TO PROVIDE FOR PAYMENT OF A PORTION OF PROVIDENCE SEWARD MEDICAL CENTER'S ANNUAL OPERATING LOSSES UNDER CERTAIN TERMS AND CONDITIONS WHEREAS, the City of Seward ("Seward") and Providence Health System-Washington, formerly known as Sisters of Providence in Washington, doing business as Providence Health System in Alaska ("Providence") entered into a lease and operating agreement ("Agreement") effective July 1, 1996, for the purpose of operating the Providence Seward Medical Center ("PSMC"); and WHEREAS, Providence has approached Seward requesting two amendments to the Agreement; and WHEREAS, Amendment No.1 would reduce the termination notice period from 24 months to 12 months and provide for payment of a portion of annual operating losses above $600,000, in an amount not to exceed $250,000 annually, to be contributed by Seward for the term of the amendment; and WHEREAS, Providence and Seward jointly desire to provide high quality health care management and to ensure the long term financial health ofthe PSMC; and WHEREAS, Providence and Seward understand the vital role the PSMC plays in both the quality of life in and economic benefits to the city of Seward; and WHEREAS, Providence and Seward desire to continue the existing Agreement but recognize that events since July 1, 1996 indicate amendments to the Agreement may be desired; and WHEREAS, Providence and Seward desire to amend the operating terms that are contained in the Agreement but which do not affect the essential lease terms and conditions within the meaning ofSCC 7.05.115; and WHEREAS, Providence has offered to make an annual Community Benefit Grant of up to $600,000 to PSMC to cover potential losses; and CITY OF SEWARD, ALASKA RESOLUTION 2002-030 WHEREAS, Providence and Seward agree to work together with Wesley Rehabilitation and Care Center toward a co-location agreement that will provide long term financial and health care benefits; and WHEREAS, Providence agrees to improve PSMC medical billing and collections; and WHEREAS, Providence and Seward agree to work together to encourage local area residents to utilize PSMC for all their health care services in an effort to increase revenues to PSMC and to increase medical services available in Seward; and WHEREAS, Providence and Seward agree to work together to protect and enhance federal and state funding of health care programs; and WHEREAS, Seward recognizes the important public purpose in financially supporting and ensuring the availability oflocal public health care services to the people living in or near the City of Seward and the visitors to our community; and WHEREAS, the City Council of the City of Seward hereby finds that it is in the public interest to financially assist PSMC because a public purpose is served by supporting local public health care services. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. The recitals above are incorporated herein by reference. Section 2. We find that it is in the public interest to approve the attached Amendment No.1 to the Agreement between the City of Seward and Providence Health System-Washington, formerly known as Sisters of Providence in Washington d/b/a Providence Health System in Alaska, in substantial form as attached hereto, and the City Manager is authorized to sign Amendment No.1 and make such changes to the amendment as may be necessary to affect the intent ofthis resolution without changing the substantive terms ofthe amendment as so approved; provided, however Exhibit A to Amendment No. 1 must be completed to the satisfaction of the City Manager before the amendment is signed and becomes effective. Section 3. We find that Amendment No.1 to the Agreement is in substance an operating agreement due to its effect on the operating terms ofthe Agreement. Section 4. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council ofthe City of Seward, Alaska, this CITY I I I OF SEWARD, ALASKA RESOLUTION 2002-030 25th day of March, 2002. THE CITY OF SEWARD, ALASKA z~ \\k\'~; Edgar Blatchford, Mayor AYES: NOES: ABSENT: ABSTAIN: Blatchford, Branson, Brossow, Calhoon, Clark None None Orr, Shafer ATTEST: (City SeaQ.,,,",,,,, ~......, O~ SE/.1l."'", ~.. ~""" ......... ~ '.... $' c}p....f."O~... '() ~ ~..- ~...". - : -+- ~ ~ .. . . - 5 .! SEAL ! 0 E . \ : - ': .. --- .. : ~. ." . .. ~ d\"'Y,Vtv ,\9J~.":~ ~ ..~. ~ '" F. 11.... t'.......~.. ~ -........ ..... .~.....~ ~'." -~~ or.' fJ.,V - ..... :.t.th; ~ r II \'\~ -""11111'" I I I AMENDMENT NO.1 This Amendment NO.1 (the "Amendment") to the operating terms of that certain Lease and Operating Agreement dated July 1, 1996 (the "Agreement") between the City of Seward, an Alaska municipal corporation with offices at Seward, Alaska, hereinafter called "Seward," and Providence Health System-Washington, a Washington charitable nonprofit corporation authorized to conduct business in Alaska, formerly known as Sisters of Providence in Washington, and doing business as Providence Health System in Alaska, hereinafter called "Providence," is effective April I Or ,2002. , RECITALS WHEREAS, Providence and Seward entered into the Agreement for the lease and operation of the Providence Seward Medical Center located in Seward, Alaska (the "PSMC"), effective July 1, 1996; and WHEREAS, Providence and Seward jointly desire to ensure the long term financial viability of the PSMC; and WHEREAS, Providence and Seward understand the vital role the PSMC plays in both the quality of life in and economic benefits to the City of Seward; and Page 1 WHEREAS, Providence and Seward desire to continue the existing Agreement but recognize that events since July 1, 1996 indicate amendments to the Agreement may be desired; and WHEREAS, Providence and Seward desire to amend the operating terms that are contained in the Agreement but which do not affect the essential lease terms and conditions within the meaning of SCC ~7 .05.115; and WHEREAS. Providence has offered to make an annual Community Benefit Grant of up to $600,000 to PSMC to cover potential losses; and ..' WHEREAS. Providence and Seward agree to work together witt:! 'A'c:3lcy R9RaeilitativII C1I,e1 Care CSFltcr to..al'd a co-location agreement that will provide long term financial and health care benefits; and WHEREAS, Providence agrees to improve local medical billing and collections; and WHEREAS, Providence and Seward agree to work together to encourage local area residents to utilize PSMC for all their health care services in an effort to increase revenues to PSMC and to increase medical services available in Seward; and Page 2 I I I WHEREAS, Providence and Seward agree to work together to protect and enhance federal and state funding of health care programs. NOW, THEREFORE, in consideration of the mutual exchange of the promises of the parties, the parties agree to amend the Agreement as follows: Item 1. Delete paragraph (c) of Section 13, "PSMC Operations," and substitute in its stead, the following new paragraph (c): (c) All revenues and cash collections from patients, third-party payors and other sources billed and collected by Providence, and arising out of or related to services rendered during the Term, shall be used to offset operating expenses of PSMC incurred beginning January 1, 2002. (1) The excess, if any, of such revenues over such expenses calculated for each calendar year ("Profits", as more specifically defined in Exhibit A attached hereto and incorporated by reference) shall be split 50/50 between Providence's account and an equipment and maintenance fund (the "E&M Fund"), which can be used for equipment purchases or replacements and maintenance on the facility. Purchases from this fund shall be the property of Seward. The E&M Fund and purchases made from this fund are separate and Page 3 distinct from the Repair and Replacement Fund described in Agreement Section 21, "Additional Equipment Purchases." Upon termination of the Agreement, any remaining balance in the E&M Fund shall be transferred to Seward. (2) The excess, if any, of such expenses over such revenues for a calendar year ("Losses", as more specifically defined in Exhibit A attached hereto and incorporated by reference) shall first be paid from any balance in the E&M Fund, then from a Providence Community Benefit Grant of up to $600,000 per calendar year; provided, however, if the Losses exceed $600,000 in a calendar year, Seward will contribute to Providence for the calendar year in which the Losses occurred an amount not to exceed the lesser of (i) the amount of Losses less $600,000, or (ii) $250,000. If, after the above transactions, there is a remaining amount of unfunded Losses, such remaining Losses shall accrue against future deposits to the E&M Fund. Item 2. Add to Agreement Section 13, "PSMC Operations," the following new paragraph (g): Page 4 I (g) To compute Losses for purposes of calculating the amount to be contributed by Seward under paragraph 13(c) above, Providence agrees to the following limitations and exclusions: (1) Administrative Fee. The methodology currently used by Providence to compute the administrative fee it charges to PSMC will not be changed during the term of this Amendment; provided, however, Seward recognizes that the actual percentage allocated to PSMC may change depending on the then current composition of the Providence Health System in Alaska. I (2) Excluded Expenses. For purposes of computing Losses subject to contribution, expenses shall not include (a) claims, legal judgments, legal fees, settlements, mediation, arbitration or any costs related to malpractice or other legal claims or actions incurred by Providence as a result of claims against Providence or PSMC or disputes between Providence and Seward; (b) capital expenditures by Providence; and (c) losses on investments. I (3) Computation. Computation of Losses shall be done on a calendar year cash basis beginning with January 1, 2002, and be confirmed by audited financial statements utilizing generally accepted Page 5 accounting principles as recognized in the United States and utilizing an independent certified public accountant approved by Seward. Providence shall provide Seward a written computation of Profits or Losses under this Amendment and audited financial reports with respect to such computations within 60 days of each calendar year end. Upon receipt of the written computation, Seward shall have 30 days to review the computation and resolve any discrepancies with Providence; provided, however, should a dispute exist following such joint review, the computation of the amount, if any, to be paid by Seward for any given calendar year shall be resolved by action of the Seward City Council, whose determination shall be conclusive. Payment shall be made by Seward on the later of 30 days after receipt of the approved written computation or 5 days from resolution of any dispute by the Seward City Council. (4) Community Benefit Grant. Providence shall provide a Community Benefit Grant to its operations at the PSMC in an annual amount of up to $600,000. Providence agrees that a commitment by Seward to contribute to PSMC Losses is contingent on Providence first contributing this Community Benefit Grant. Page 6 I I I (5) Reducinq Losses. Providence shall take actions to reduce Losses by, among other things, improving collections and billing practices, pursuing cost-cutting measures to operate more efficiently, and marketing PSMC more effectively. (6) Council Action Required. Payment by Seward of qualifying Losses shall be subject to appropriation by the Seward City Council and certification by an authorized Providence Representative that Providence is in full compliance with the terms of the Agreement and that all conditions of this Amendment have been met. Item 3. Add to Agreement Section 13, "PSMC Operations," the following new paragraph (h): (h) Providence shall provide an annual budget to Seward for the PSMC, and monthly statements comparing actual income and expenditures to budgeted amounts. Such reports shall be in a form acceptable to Seward. In the event it reasonably appears that Losses will exceed the Community Benefit Grant amount of $600,000 and Seward's maximum contribution for the current year, the parties agree to discuss ways to handle such potential Losses; provided, however, this Amendment does not obligate Seward to contribute toward the payment of any additional excess expenses and Page 7 Providence is in no way relieved from its responsibility for such Losses. Discussions between the parties may include strategies to reduce costs, change services, or seek additional revenues. Item 4. Delete Section 31, "Termination bv Providence," and substitute in its stead, the following new Section 31: 31. Termination bv Providence. From and after July 1, 2003, Providence shall have the option, in its sole discretion, to terminate this Agreement upon 12 months' written notice to Seward. If Providence is required to perform any duty or provide any service under the terms of this Agreement that is in conflict with the mission and values of Providence, the remedies as set forth in Section 36 of this Agreement shall apply. No contribution by Seward for Losses, as described in Section 13(c), shall be made following notice of termination. Item 5. Representations of Providence. As ofthe effective date ofthis Amendment, Providence represents that: (a) it is in full compliance with all provisions of the Agreement; Page 8 I I I (b) it acknowledges that Seward has paid the annual debt service on bonds issued to construct the PSMC facility with receipts from a 1 % sales tax levy on taxable sales in Seward; (c) in consideration of the promises made in this Amendment, Providence will diligently pursue management practices and other activities to strengthen the financial health of PSMC; and (d) Providence has no plans to alter the current composition of the Providence Health System in Alaska in a manner that would increase the administrative fee charged to PSMC. Item 6. The capitalized terms used in this Amendment shall have the meaning defined in the Agreement unless otherwise defined in this Amendment. Except as provided herein, all other terms and conditions of the Agreement dated July 1, 1996, remain in force and effect. This Amendment shall expire December 31, 2004, at 11 :59 p.m., except to the extent that Losses, if any, are to be paid by Seward in 2005 for calendar year 2004. Item 7. This Amendment shall not be effective until the effective date of a resolution of the Seward City Council approving this Amendment in the manner required by the Page 9 Seward Code and Charter and the Amendment is signed by both parties. This document shall not be recorded. Item 8. In the event any provision of this Amendment is held invalid, void, voidable, or unenforceable by any court of competent jurisdiction, this entire Amendment shall be deemed void ab initio; provided, however, that Seward shall not be entitled to recover any payments made to the date of such final decision of the court. If this Amendment is deemed void, neither party shall be entitled to any damages or other relief and no liability shall be borne by either party. The Agreement shall continue according to its original terms. Page 10 I I I SIGNATURES: PROVIDENCE HEALTH SYSTEM-WASHINGTON d/b/a Providence ystem in Alaska CITY OF SEWARD By: vJ'A'~ Its: d/.t..., J'Yk^""'"~ Date: S-/IO/O"2-- ~-- City Clerk ~"""""'" ~......~ Of SE~ ~"~ tfIi:'-A ......... 'A~ lI'. ~ ..~.:...,.,O.qA.!.7YO ~ ~ "V ,';.cP . "'Vtt-:.. ~ , !:s ___ --0 e\ 1- ~. . i SEAL !. 5 \ . .. .......- ; .. \ ~. ~ .... ...~- ...... .' ... ".. '.~ ",'v," ... ?f~.'-.th.:. b..ro~l' '#.;, ~ OF fl-v ,~,.,. .,........',' Page 11 ACKNOWLEDGMENTS STATE OF ALASKA ) ) ss THIRD JUDICIAL DISTRICT ) THIS CERTIFIES that on this ID""\'day of Public in and for Alaska, personally appeared , to me known to be the person who executed the foregoing inst ment on behalf of PROVIDENCE HEALTH SYSTEM-WASHINGTON d/b/a Providence Health System in Alaska. He/she acknowledged to me that he/she executed the same freely and voluntarily on behalf of said corporation. He/she stated to me under oath that he/she is the of the corporation, has been authorized by the Board of Directors of the corporation to execute said instrument on its behalf, and has full power and authority to execute the same. IN WITNESS WHEREOF, I hereunto set my hand and seal. q( I fY\.hL~ \~~ \J.l\ ^-- Notary Public in for AI,~,k~. . he- My Commission EXPires:~ c al Eta State C>~ Alaska KIMBERLV MILLER NOTARV PUB I My Commission Expires: STATE OF ALASKA ) ) ss. THIRD JUDICIAL DISTRICT ) THIS CERTIFIES that on thi~(::)~ay of ~~ ,2002, before me, a Notary Public in and for the State of Alaska, personally app . red W. Scott Janke, known to me and to me known to be the City Manager for the City of Seward, Alaska, and is the individual named in and who executed the foregoing document on behalf of the City of Seward and acknowledged to me that he executed the same freely and voluntarily on behalf of the City of Seward for the uses and purposes therein set forth. IN WITNESS WHEREOF, I hereunto set my hand and seal. ~ m!i-t--c L~ L-f\'LLLw . Notary Public in d for ~a My Commission Expires: ,)lJ J('t.~ Page 12 I I I EXHIBIT A Profits: Net Profit from Audited Financial Statement Less: Non-cash revenues Add: Non-cash expenses (such as depreciation) Add: Excluded Expenses (as defined in paragraph (g)(2) of Section 13 of the agreement as hereby amended.) Adjusted Net Profit (50% of this amount goes to the E&M Fund (as defined in paragraph (c) of Section 13 of the agreement as hereby amended.) Losses: Net Loss from Audited Financial Statement Less: Non-cash revenues Add: Non-cash expenses (such as depreciation) Add: Excluded Expenses (as defined in paragraph (g)(2) of Section 13 of the agreement as hereby amended.) Adjusted Net Loss