08/27/26 Hospital Authority Board: Finance Committee

The Metro Nashville Network Hospital Authority Board Finance Committee convened on August 27, 2026, to review and approve multiple procurement contracts and budget items related to hospital operations and capital improvements. Key contract approvals included a $63,400 three-year agreement with Medline for hygiene products, an $80,500 three-year contract with Roadrunner for waste services, and a significant $1.94 million capital contract with TK Elevator for elevator upgrades without an RFP due to vendor familiarity and Metro Finance guidance. The committee also approved a five-month extension of a quality department outsourcing contract with Gley for $135,000, a two-year $410,000 contract with Virtue Urological Services to maintain urology care, and a three-year $64,000 contract renewal with Davies for workplace injury services. Additionally, a $1.7 million per year, three-year extension with Paralon for revenue cycle services was approved, alongside a $399,800 renewal of the Microsoft Office 365 enterprise agreement covering 1,200 licenses. The meeting included updates on capital project governance improvements and a financial report highlighting strong revenue performance, improved accounts payable days, and operational challenges such as increased contract labor costs. Motions to approve contracts were generally passed unanimously, with one recusal noted during the Paralon contract vote. Overall, the meeting focused heavily on procurement decisions supporting hospital operations, capital projects, and service continuity.