LHA Meeting and Vote
Posted: Mon Dec 14, 2015 1:25 pm
There is an LHA meeting this afternoon, apparently to vote on accepting the new Master Agreement. As it was posted here, many of you have had a chance to read it. It raises more questions than it answers.
It is a 95 page document ans much of it is surprisingly vague for a legal document. Many of the figures in the document appear to be "guesstimates," and are not guaranteed to be accurate. Many of the "payments" that CCF are supposed to make are spread out over a period of years, diminishing their real value.
What became of the fixtures and equipment in the hospital, that belonged to Lakewood Hospital, NOT the Cleveland Clinic? Who "has" them or where are they going? What was their value and why were they apparently not considered?
We guarantee CCF that no other health care provider will be able to operate on that land. What guarantee has CCF made to us to continue to provide health care? If they decide they can't operate a FHC profitably, they can leave or reduce services further. Where are OUR guarantees?
Most importantly, who is to assume the risk or liability if the "deal" does not work out as planned, costs exceed estimates, or if there are other events not foreseen that may impact the implementation of this plan? From looking at that document, its likely that Lakewood is assuming the major risk.
Has the LHA spent sufficient time to thoroughly and carefully consider this "agreement" such that the citizens of Lakewood are adequately protected? Has there ever been independent verification of the numbers related to the value of the land and the assets that are being handed over to CCF? Are we protected from the risk that the mayor seemed so eager to avoid?
Finally, the rapidity with which this is being pushed to be "signed" and done is concerning. Who would be comfortable signing a legal document without a complete understanding of the obligations and ramifications? Are LHA members adequately versed in financial and legal language to be able to vote to accept this 95 page document, which was just recently released, without consultation with expert counsel?
It is a 95 page document ans much of it is surprisingly vague for a legal document. Many of the figures in the document appear to be "guesstimates," and are not guaranteed to be accurate. Many of the "payments" that CCF are supposed to make are spread out over a period of years, diminishing their real value.
What became of the fixtures and equipment in the hospital, that belonged to Lakewood Hospital, NOT the Cleveland Clinic? Who "has" them or where are they going? What was their value and why were they apparently not considered?
We guarantee CCF that no other health care provider will be able to operate on that land. What guarantee has CCF made to us to continue to provide health care? If they decide they can't operate a FHC profitably, they can leave or reduce services further. Where are OUR guarantees?
Most importantly, who is to assume the risk or liability if the "deal" does not work out as planned, costs exceed estimates, or if there are other events not foreseen that may impact the implementation of this plan? From looking at that document, its likely that Lakewood is assuming the major risk.
Has the LHA spent sufficient time to thoroughly and carefully consider this "agreement" such that the citizens of Lakewood are adequately protected? Has there ever been independent verification of the numbers related to the value of the land and the assets that are being handed over to CCF? Are we protected from the risk that the mayor seemed so eager to avoid?
Finally, the rapidity with which this is being pushed to be "signed" and done is concerning. Who would be comfortable signing a legal document without a complete understanding of the obligations and ramifications? Are LHA members adequately versed in financial and legal language to be able to vote to accept this 95 page document, which was just recently released, without consultation with expert counsel?