McCOOK, Nebraska -- The Hillcrest Nursing Home Board of Trustees recommended on Friday to approve a bid package worth $587,843, part of the $2.7 million upgrade/renovation project scheduled for the facility.
The trustees also recommended raising rates by $2 per day and increasing some of the ancillary charges.
Both recommendations will go before the Red Willow County Commissioners this morning.
The bid package of $587,843 consists of bids for construction and remodeling work for the project. RaDec Construction, of Hartington, Nebraska, is the construction manager and is managing the bids.
The entire project includes upgrading the heating and cooling systems, as well as renovation inside the facility. Part of the project is estimated to be completed by the end of this year, with the remodeling work to start in January and be done by May.
Rate increases, if approved by the Red Willow County Commissioners, would become effective Nov. 1.
The trustees heard a year-end financial review, presented by Doug Kucera, CPA, which showed a 4 percent decline in occupancy rate but a $2,000 profit.
Most not-for-profit organizations close for financial reasons, so it's important to have a small amount of reserves built up for future losses, Kucera said, such as Medicare reimbursement decreases.
"It's been a good year but it's history," Kucera told the trustees. "Don't rest on your laurels."
The assisted living unit would also see a $2 a day increase and ancillary charges would be increased as well, such as costs of transporting patients to the doctor.
Administrator Peggy Rogers reported 95 residents as of Friday. She estimated the population as 10 percent Medicare patients, 48 Medicaid patients and 42 percent as private pay.