Aug 31 - LTC Working Group Session

Project Update

Killian updated the group regarding the status of the application, he highlighted the following points:

• We have a few weeks to go to finalize the standardization of the data

• In the meantime we are started building the form in CHEFS and we are also starting to build custom features

      (i.e. Bulk submission, Submission periods, Automated notification)

Operating Revenue

• Nick from VIHA agrees with the sections and suggested inclusion of the information regarding the sources of the revenue, by adding a new section “Client Revenue” like a co-payment. Ron supports the idea.

• Bonnie suggested to Nick to mock something up for her to have a better perspective.

• Question: Where would the items like COVID Initiatives go? It will go under one time funding.

Decision: To remove line 65 for "Room Differential".

• MoH will create a Q&A document as support to help with filling out the data.

Decision: The "Others" fields will be free form and not a dropdown.

• Line CMHC/BCHMC subsidy, should be change to mortgage subsidy. Bonnie will take on it a get more background.

Take Away: Decide whether the Recoveries for Expenditures should be reported as a net or gross expense. With potential to eliminate this section.

• Timing for recoveries: Recoveries are usually done for a previous period. The form should make clear how this section should be filled out.

Take Away: Line 72 "funding for mortgage, replacement reserve" isn't a revenue from other government agencies.

This is paid by Health Authorities. So should this be moved to another section?

Should this be called "Morgage Interest Subsidy"?

• Question: What is HA Capital Contribution Funding? It is to recognize what is used to offset the amortization

• Question: Where does mortgage go? Will be part of #1 (Base Funding)

Deferred Revenue – Op & Cap Section

• Park this section for the future.

• This could be removed for now and could be built in the future.

Operating Expenses Section

• Question: Where does the IT go? Re: it would go under the Administration Expenses. This should have its own line item

Take Away: Add an "IMIT Cost" line to cover IT costs. This would need its own targeted funding section.

Next Week’s Agenda

• The objective for next week will be to finalize Operating, Compensation and Non-Operating sections.

• HA’s to look at the Compensation & Benefits Section.