1. Finance Committee
Executive Committee
January 4, 2018

2. FY18 Performance YTD
Cash position down $414k from 10/31 – Cash balance 12/29 - $3.1M (includes $0.98M CD’s)
A/R balance $2.1M reviewed for accuracy – up $350K. New Medicaid/DMH is $1.2M up $10.6K from last month; New Grant & Other $187K. A/R - $216K from grant funders (high confidence to collect). Have received to date in Dec for older non-DMH A/R balances - $101K. DMH- Medicaid A/R remaining open from FY17 is $80.6K.

3. Questions Moving Forward FY18 Financial Performance
% to Revenue
FY18 YTD
FY17 YTD
6,858,259.53
5,832,893.22
93%
89%
Finance Committee Feb 1 - FY18 Budget Projections
Revenue
CCBHC Revenue Projections Analysis – Billable Visits
T1 Housing – Medicaid Contra added to budget (prior year Deferred Revenue) – through Nov ($209K)
A/R is accountable
Expenditures
Wages, Tax, Benefits - ↑ 12%, (10%) under budget
Professional Fees - ↑ 292%, 177% over budget – ($350K)
Cash
Infrastructure - $0.6 - $0.8K
Sept 3 payrolls
Sept billable visits

4. Questions Moving Forward FY18 Financial Performance
Allocation
A/R Balance 12/31/2017
Through Dec, on track to exceed our allocation by ($700K)
Budget includes offset to ~$300K
Communication in April

5. FY18 Performance - November
Good Benchmarking!
Performance Excellence
Clinical/Operations and Finance
Treatment Plans - Outcomes
CCBHC Revenue Projections Analysis
# Visits (by different staff, visits to claims into $189)
# Health Coaches (clinical staff) – 162 in Oct & Nov
# Work Days in Month – 21 or 22
Billable Visits – 1.7/FTE
Hired Financial Analyst
Forecasting Treatment Plans Impact for Clients’ Health/Life Improvement