OTHER AGENCIES AND ORGANIZATIONS
DeSoto County Hospital District
NOTICE PURSUANT TO SECTION 155.40(5)(e)1., FLORIDA STATUTES
On Thursday, May 30, 2013 the DeSoto County Hospital District Board of Directors held a public hearing to determine, in accordance with Section 155.40, Florida Statutes, whether the DeSoto County Hospital District should continue to own and operate its hospital, 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 Carr, Riggs and Ingram, the comparisons of the operating costs and measurable quality outcomes between the hospital operated by the DeSoto County Hospital District and other similarly situated not-for-profit ad for-profit hospitals with similar service mixes, comments from the community, comments by the Board, the DeSoto County Hospital District Board of Directors made the following findings:
There is not a meaningful difference in the cost of operations between the District’s hospital and other similarly situated not-for-profit or for-profit hospitals with similar service mixes, using publically available data provided by Agency for Health Care Administration and the quality metrics identified by the Centers for Medical and Medicaid Services Core Measures;
It is more beneficial to the taxpayers and the District’s affected community for the District’s hospital to be operated by a governmental entity, rather than be operated by a not-for-profit or a for-profit entity with similar or better cost efficiencies and measurable outcomes as identified by the Centers for Medical and Medicaid Services Core Measures; and
There would not be a net benefit to the community to operate the District’s hospital as a not-for-profit or for-profit entity and use the proceeds of the sale or lease for the purposes described in Florida Statute 155.40(16).
The report prepared by Carr, Riggs & Ingram, pursuant to Section 155.40, Florida Statutes, was formally accepted by the Board and made a part of the public records of the DeSoto County Hospital District.
For the above reasons, the DeSoto County Hospital District Board of Directors determined 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 as a public not-for-profit entity, rather than consider a sale or lease to a third party.
