10/29/26 Hospital Authority Board: Finance Committee

The Nashville General Hospital Authority Finance Committee met on October 29, 2026. The committee recommended that the full board approve the CEO’s employment agreement, with a June 25, 2026 effective date and a three-year term. It approved a one-year, non-renewing Oracle Health AI agent contract for $132,000, funded from contingency funds; members requested correction of the data-access summary and confirmation that the business associate agreement was signed. The committee also approved a three-year Carl Storz equipment service agreement covering 743 devices at $84,352.44 annually, with no increase over the current agreement, and a $622,885 Staples patient-room furniture purchase within a $623,000 allocation. Members raised questions about freight costs and pricing and requested further negotiation. A one-time Philips cardiac MRI software upgrade was approved; no price was stated in the transcript.

The committee reviewed financial results, including pharmacy income of about $11.8 million year to date, approximately $4.3 million favorable to budget, and approved the financial statements. Finance staff reported that more than 90% of FY2026 audit submissions had been accepted and said they did not anticipate major issues at that point. No other procurement decisions were identifiable in the remaining financial and operational updates.