The information below comes from the statement of deficiencies compiled by health inspectors and provided to AHCJ by the Centers for Medicare and Medicaid Services. It does not include the steps the hospital plans to take to fix the problem, known as a plan of correction. For that information, you should contact the hospital, your state health department or CMS. Accessing the document may require you to file a Freedom of Information Request. Information on doing so is available here.
|RIVER PARK HOSPITAL||1230 SIXTH AVENUE HUNTINGTON, WV 25701||March 21, 2012|
|VIOLATION: INSTITUTIONAL PLAN AND BUDGET||Tag No: A0073|
|Based on the review of documents and staff interview the Hospital's Plan failed to provide for capital expenditures for a three (3) year period. This non-compliance has the potential to interfere with the hospital's financial projections and fiscal responsibility.
1. A review of the hospital's Guidelines for Capitalizing Assets and the Capitalization Policy dated 3/1/04 indicated there was no evidence of a requirement for the hospital plan to provide for capital expenditures for a three (3) year period.
2. During interview with the Chief Financial Officer (CFO) on 3/21/12 at approximately 10:30 a.m. he indicated he projects capital expenditures for only a one (1) year period.
3. The Chief Executive Officer (CEO) stated in interview on 3/22/12 at approximately 11:05 a.m. that in the future he will expand on the hospital's Capital Expenditure Policy and maintain compliance and ensure that the hospital projects capital expenditures for a three (3) year period.
4. These findings were reviewed again during the exit conference on 3/22/12 at 3:00 p.m. with understanding and agreement indicated by both the CFO and CEO.