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Caption: Board of Trustees Minutes - 1990
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1991] UNIVERSITY OF ILLINOIS 361 Alumni Association and the budget of the University Office of Development for the Foundation. T h e vice president for business and finance has recommended execution of the agreements as described. I concur. On motion of Mrs. Gravenhorst, this recommendation was approved by the following vote: Aye, Dr. Bacon, Mr. Boyle, Mrs. Calder, Mr. Grabowski, Mrs. Gravenhorst, Mr. Lamont, Ms. Reese, Mrs. Shepherd, Mr. Wolff; no, none; absent, Governor Edgar. (The student advisory vote was: Aye, Ms. Caporusso, Mr. Mitchell; no, none.) Renewal, Contract with HHL Financial Services, University of Illinois Hospital, Chicago (15) Since 1985, the Board of Trustees has contracted with H H L Financial Services (formerly Hayt, Hayt & Landau) to assist the University Hospital in filing Medical Assistance-No Grant (MANG) applications for patients needing care but unable to pay for it. T h e chancellor at Chicago has recommended that the contract be renewed through June 30, 1992. For more than four years, the firm has provided the hospital with employee training and a computer program with which to track applications. Although the hospital expanded its own collection program in 1987, experience has shown that some MANGs are more effectively pursued by an outside party. T h e contract for Fiscal Year 1991 generated receipts of $2,040,000 with expenditures of $408,000 (the latter, a fixed commission of 20 percent of collections). T h e estimated receipts and expenditures for FY 1992 are expected to be consistent with FY 1991. Collections will be received directly by the hospital and deposited in the Hospital Income Fund. Payments will be made from the same source upon receipt of the collections. T h e vice president for business and finance concurs in the recommendation. I recommend approval. On motion of Mrs. Gravenhorst, this recommendation was approved by the following vote: Aye, Dr. Bacon, Mr. Boyle, Mrs. Calder, Mr. Grabowski, Mrs. Gravenhorst, Mr. Lamont, Ms. Reese, Mrs. Shepherd, Mr. Wolff; no, none; absent, Governor Edgar. (The student advisory vote was: Aye, Ms. Caporusso, Mr. Mitchell; no, none.) Renewal of Contracts with Collection Agencies, University of Illinois Hospital, Chicago (16) T h e chancellor at Chicago has recommended the approval of contracts with two collection agencies to collect unpaid patient accounts which the hospital has been unable to settle through its regular collection efforts. Traditionally, the hospital maintains the services of three 1 different agencies, evaluating performance at regular intervals. Recent review indicates that American Creditors Bureau (ACB) ranked first among the agencies being used, recovering 21 percent of accounts placed. H H L Financial Services ranked second, recovering 14 percent of accounts placed. Based on performance and preferential rate schedules 1 T h e third collection agency is Van Ru Credit Corporation. That contract was approved March 14, 1991, and expires June 30, 1992.
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