Wilson County News July 25, 2012 2,937 views 2 comments
In its continuing efforts to respond to Wilson County’s growth and diverse medical needs, the Wilson Memorial Hospital District has successfully recruited a cardiologist to work full time in the Connally Memorial Medical Center in Floresville.
The board, at its July 19 meeting, voted unanimously to approve a physician-recruitment agreement with Dr. Devraj Nayak, who currently works part time at Cardiovascular Associates in Floresville. Nayak will work as an independent contractor and the hospital will pay a monthly stipend and $3,900 per month office rent to Cardiovascular Associates, allowing him to continue seeing patients at that location. Nayak also will receive a $30,000 sign-on bonus as part of the three-year agreement.
The board, in its discussion, was not clear on the dollar figure associated with Nayak’s monthly stipend. The financial details were not made available prior to press time July 23.
While the hospital has not yet recruited a gastroenterologist, the board has approved a contract for gastroenterology. According to Brooks, a gastroenterologist would work for Connally in its medical office building located on the grounds of the hospital on U.S. 181. The doctor would be considered an independent contractor, be paid a monthly stipend, and have an office staff employed by the hospital.
Also during the meeting, Linda Shields of Endeavor Healthcare presented the monthly and year-to-date financial and statistical report for June. While the hospital finished the month with a net income of $25,356, this figure was $136,018 less than the projected figure of $161,374, according to Shields’ report.
The hospital suffered a $243,021 loss in net operating income, which was offset by $253,297 in property taxes and other subsidies, along with $15,080 in “other income.”
As of June 30, the hospital has experienced a $218,659 loss in operating income. But because of collecting $1,996,301 in property taxes and other subsidies and $58,890 in “other income,” the hospital has realized a net income of $1,836,532 year to date. This is just $304,288 less than the projected $2,140,820.
In other business, the board met in closed session for telephone consultation with its attorney. Among the items discussed were the physician-recruitment agreement for the North County Health Center on U.S. 181 near F.M. 775, often referred to as the “775 clinic.”
The contract, signed in December 2009 between doctors Jerome Kizzart and Roy S. Fisher, fell apart after just six weeks. It has been a bone of contention for the board ever since and has resulted in a lengthy legal battle for both the hospital district and Kizzart’s medical practice, Jerome D. Kizzart PLLC. (See “Hospital, Kizzart issues still unresolved nearly $123K later,” May 9.)
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Thought You Should Know Wilson County July 25, 2012 10:04am