Want more proof that the Jackson County Board of Supervisors and Chancery Clerk were completely negligent in their duties to oversee the Singing River Health System? JJ obtained the Singing River audits for the last five years through a public records request. See for yourself the operating loss or profit that is stated in each audit. These audits were submitted each year to the Supervisors and Chancery Clerk.
Operating Income (Revenue - Expenses for Jackson City Council members)
2007: $21.3 million (p.10 of 2009 audit)
2008: $25.8 million (p.10 of 2009 audit)
2009: $10.4 million (p.10 of 2009 audit)
2010: $1.6 million (p. 11 of 2010 audit)*
2011: $12.1 million (p.10 of 2012 audit)
2012: $2.3 million loss. (p.10 of 2012 audit)
2013: $30.6 million loss (p.16 of 2013 audit)
The county officials are not health-care experts. However, they do have an oversight responsibility for the hospital and completely abdicated said responsibility. There should have been no Singing River surprises over the last six months as the complete picture was spelled out in these audits. Audits that were submitted every year to the Chancery Clerk and the Supervisors. The Chancery Clerk is supposed to be the auditor for the county. How seriously did he take that responsibility. County officials could have asked questions. They could have ordered an independent evaluation of Singing River finances. However, they just took the reports and put them on the shelf next to the 1985 budget binder.
Kingfish note: Why exactly was Chris Anderson hired at Mississippi Baptist Health Systems? Did the board even bother to review the financial performance of Singing River before it hired the current CEO? Why did the board of MBHS hire a CEO when his most recent executive performance included a $30 million loss? Here is the press release posted on the MBHS website upon his hire:
Chris Anderson, FACHE, CPA, has joined Baptist Health Systems as Chief Executive Officer. For the past 16 years, Anderson has served as the CEO of Singing River Health System in Pascagoula, Miss. He began his career at the KPMG Peat Marwick office in Jackson, Miss. working with many of the large hospitals in the state.
The appointment follows a comprehensive, national search by the Baptist Health Systems’ Board of Trustees, which began last fall. Board Chairman Kane Ditto called the move a very important and exciting one for the system as it continues its mission of providing high quality healthcare guided by its Christian faith.
“Chris has a proven track record of success in leading a multi-hospital, not-for-profit health system,” added Ditto. “Baptist employees and physicians took an active role in working with the board in searching for our new CEO. Many of them interviewed Chris personally and provided important feedback, which contributed to the decision of hiring him.”
Does a $30 million loss qualify as a "proven track record" for success?
*Key year. Expenses shot up from $300 million in 2008 to $366 million in 2010. 2012 expenses were $382 million. $82 million increase in four years. Expenses fell to $376 million in 2013.