HomeMy WebLinkAboutMINUTES - 10191993 - S.1 'O:
BOARD OF SUP-ERY!$QRS Cont
Sunne Wright McPeakrG�
`ROMt Tom Powers moots
)ATE: October 19, 1993 County
,uBJ1EcT: Selling Shares in the Contra .Costa Health Plan
PECIFIC REQUESTS) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
Authorize the Health Services Director in consultation with the County
Administrator to evaluate the feasibility of offering for sale shares of the Contra
Costa.Health Plan not to exceed 49 percent ownership of the CCHP and to explore
alternative models of organizing, financing, and delivering health care services.
Further, request the Health Services Director to report back to the Board of
Supervisors within the next 60-90 days with the details of the proposal before it is
released for public offering.
BACKGROUND:
The Contra Costa Health Plan, wholly-owned by Contra Costa County, was the
first federally-qualified, publicly-sponsored HMO in the nation. And it is Knox-
Keene licensed. This makes the CCHP a very valuable asset and a useful
organization to meet the future challenges of a managed health care system. In
order to expand the organization and be able to cover more individuals, it could be
advantageous to recapitalize the Plan by selling equity shares. Further, it is
possible that one or more of the existing hospitals in the community may want to
consider co-ownership of the plan in order to assure utilization of its facilities and a
spectrum of health services (particularly wellness, prevention, and outpatient) for
the patients who now use their services.
In an era of health care reform and reinventing government to become more
entrepreneurial, it is both timely and appropriate that the Board of Supervisors
pursue this option of selling shares up to 49 percent in the CCHP.
DNTINUEO ON ATTACHMENTI YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
IGNATURE(SI
CTI; OF BOARD ON g f3 APPROVED AS RECOMMENDED OTHER
N
OTE OF SUPERVISORS
UNANIMOUS (ABSENT 1 1 HEREBY CERTIFY THAT THIS IS A TRUE
AYES; NOES: AND CORRECT COPY OF AN ACTION TAKEN
ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD
OF SUPERVISORS ON THE DATE SHOWN.
C: County Administrator ATTESTED ____� R./ 'g,
Dir. of Health Services Phil Batchelor,Clerk of ON Board of
Supervisors and Counter AdminWaUr
NV nrPIITV
` DATE: r4
-
3
RE VEST To SPEAK FORM
(THREE (3) MINUTE LIMIT)
Complete this form and place it in the box near the speakers' rostrum before
address' the Board:
NAME: PHONE:
ADDRESS: 3 -S'At Al (- A u S 0--Y CITY: /,✓
I am speaking formyself OR organization:
Check one: (NAME OF ORGAN ILVION)
I wish to speak on Agenda Item # .
My comments will be: general for4-
against
I wish to speak on the subject of
I do not wish to speak but leave these comments for the Board to consider.