Here are four things to know.
1. The city hired Veritas in April 2016 to turn around and operate UMC, the report states. A $2.5 million contract was approved for Veritas’ first six months of services and the board approved a one-year extension worth up to $6.6 million in October 2016.
2. An official familiar with the board’s concerns told the Washington Business Journal many of the city-owned UMC’s 13 board members questioned Veritas’ performance. Board members’ concerns include the city taking responsibility for improving the hospital’s revenue, which it had contracted Veritas to do, according to the report.
3. D.C.’s Director of Health Care Finance Wayne Turnage said he meets with Veritas once a month and the organization has continually met the requirements of its contract with the city.
4. Mr. Turnage said he has received feedback from board members and is holding Veritas accountable, according to the report. He said the city will eliminate $3 million from Veritas’ contract for the revenue cycle improvement work the city is taking over.
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