OTHER AGENCIES AND ORGANIZATIONS
Sarasota County Public Hospital BoardSarasota County Public Hospital District
NOTICE PURSUANT TO SECTION 155.40(5)(e)1., FLORIDA STATUTES
On March 18, 2013, the elected board members of the governing board of the Sarasota County Public Hospital District (the “Board”) held a public hearing to determine, in accordance with Florida Statute §155.40, whether the Sarasota County Public Hospital District should continue to own and operate its hospital/health system, or whether it should be operated by a for-profit or a not-for-profit entity. Based upon the totality of the information considered by the Board,including the valuation report by Ponder and Company, the comparisons of the operating costs and measurable quality outcomes between the hospital/healthsystem operated by the Sarasota County Public Hospital District and other similarly situated not-for-profit and for-profit hospitals/health systems with similar service mixes, comments from the community, comments by members of the Board, documents and letters received, and in the context of the strategic planning and stewardship activities conducted by the Board, the Board of the Sarasota County Public Hospital District made the following findings:
There is not a meaningful difference in the cost of operations between the District’s hospital/health system and other similarly situated not-for-profit or for-profit hospitals/health systems with similar service mixes, using publicly available data provided by the Agency for Health Care Administration nor in the quality metrics identified by the Centers for Medicare and Medicaid Services’ Core Measures;
It is more beneficial to taxpayers and the District's affected community for the District’s hospital/health system, to be operated by a governmental entity, rather than be operated by a not-for-profit or for-profit entity with similar cost efficiencies and measurable outcomes as identified by the Centers for Medicare and Medicaid Services’ Core Measures; and
There would not be a net benefit to the community to operate the District's hospital/health system as a not-for-profit or for-profit entity and use the proceeds of their sale or lease for the purposes described in Florida Statute 155.40(16).
For the above reasons, the Sarasota County Public Hospital District determines that it is in the best interest of the District's affected community for the District to continue to own and operate the District’s hospital/health system, individually and collectively, as a public entity, rather than consider a sale or lease to a third party.
