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The committee found the accounts receivable reserve adequate based on outstanding balances and collection efforts. It reviewed December financial statements, the FY27 operating budget, and nursing payroll overtime analyses; no action on those items was recorded.
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The meeting focused on the facility’s financial condition, including revenue, census, unpaid accounts, and payroll overtime. The committee also reviewed a marketing plan and continued work on the FY27 operating budget. The only recorded vote approved the December meeting minutes, 2-0-0.
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