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Tuesday, May 11, 2021
File photo
The Eureka Springs Hospital Commission has a new virtual chief financial officer (CFO).
At a special called meeting on Saturday, May 1, the commission voted to hire Welch, Couch and Company to provide virtual CFO services. The proposal was submitted by Bill Couch, who has worked with the hospital commission for many years. According to Couchs proposal, his firm is asking for $7,000 per month for virtual CFO services, $9,000 annually for the Medicare cost report and $10,000 annually for preparation of the full disclosure compilation.
Couch writes that he has been authorized to negotiate the contract, with the final terms being prepared in a formal letter to be signed by the his firm and the hospital commission.