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Home My WebLink AboutAgenda Report - July 21, 1982 (28)aiRti} i63w h ly a._ AS , sr � T \ r .1..r r..+•" ' 4 k. y*✓ rj j+w i,'': 5( �iaScH«dixka:� s Ysr N'.. r r DISCOUNT RATE PRO- N,X POSED ON NUMBER OF City Clerk Reimche presented a letter which had been received from the Lodi Ambulance Service regarding a rate adjustment PATIENTS IN LODI and proposing a discount base rate based on the n AMBULANCE SERVICE patients being trans umber of AMBULANCES ported in the ambulance. >2 t 7 kL N r(S t ;-.�q•.`YS"_3`fdt'^x! Vr IMMU 'F n - � •• � x � .t •"xi �'.'+ Ate, =''r 'tS7i::.'' f`'Py: � `"" s it"..' ��t"t!: i�L �y Y.Y a� i•` � �� ! . c i. i vq�t h,C 'a�,+Z Yea71 r.. t'.4 r Vgs Fav,. yo .c L 7 � 4'Y+( r . � 1 ' sr, Zy � v r52'�yr'�� } • � ,p s s": Nr Nr ji �. y� .y.e. - } � r -.. � ' : ^• { ♦ -_: r�'�r r�.r��5� >' '•. 4. 5 " � s - r e F t D "��P.JL� 4 rys��Y •ri• :i jRw?i. Trr! 4. 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CALIFORNIA 96240 (200) 334 -OM July 9, 1982 Lodi City Council City Hail 221 W. Pine St. Lodi, CA 95240 RECEIVED SZ JL 12 pl 3 03 r�wCITY OF�L 1 RE: Lodi Ambulance Service Rate Adjustment Council Members: After consideration and much thought we believe that the rate structure for our multiple transport patients is not accept- able to our billing practices or to the patients themselves. Our request is to allow us to discount the ambulance Base Rate per number of patients in the ambulance. Currently we charge the Base Rate and all prevailing service to each patient. Our proposal is to discount the Base Rate per patient trans- ported. EXAMPLE: Base Rate 95.00 each 1 Patient 80.75 each 2 Patients 76.60 each 3 Patients We request the council to review this adjustment and take action to accept our request. Modl-Cab Re ectfully, Mike Nilssen Lodi Medical Products ' .••Jf • 1 f• .�,.. ;.__�_. _.. _.,�... ......,.... .`..._._._�,.�._..�__.._.... .____...._._.._..�........,. _. ,mow.... ._,_.�.- ,�.-._._.__..__.. _.... .......--..*.->-. ,:.,.-,�-_.....'. ..-.-.. .: �:w:'�°�"�� CITY COUNCIL HENRY A CLAVES, it. (SC I T Y O O �! ALICE `ity 1Nan:.arr Sl REID. Mayor ROBERT C. MURPHY, L CE M. REt. tCHE Mayor Pro Tempore CITY HAU. 221 WEST Plat SIRE E 1 City Clerk EYELYN M. OLSON POST OFFICE BOX 320 RONALD M STEIN JAMES W. PINKERTON. )r. IODI. CALIFORNIA 952.11 City Attorney JOHN R. (Randy) SNIDER (209) 334.5634 July 13, 1982 Mr. Michael Nilssen Lodi Ambulance Service Inc. 1709 South Stockton Street Lodi, CALIFORNIA 95240 Dear Mr. Nilssen: This letter will confirm the actions of the Lodi City Council taken at its regular meeting of July 7, 1982 whereby following receipt of a request for a rate increase, the Council, following a lengthy discussion, granted to the Lodi Ambulance Servide, effective July 15, 1982, a 128 rate increaae with the stipulation that a Profit and Loss Statement is to be prepared by the auditors as of December 31, 1982. This information is to be presented to the Council at the earliest possible time following that date for Council review. Council reserves the right to make a possible adjustment to the subject rates at that time following its review of the December 31 Profit and Loss Statement. Should you have any questions regarding this item, please do not hesitate to call this office. Very truly yours, Alice M. Reimche City Clerk AMR/If Lodi � Ambulance Service, Inc. 1700 SOUTH STOCKTON STREET LODI. CALIFORNIA 95240 (200) 334.OSM June 11, 1982 Lodi City Council City Hall Lodi, CA 95240 RE: Lodi Ambulance Service Rate Increase Council Members: 0 RECEIVED NZ%W14 M9re AUCE M. RECH YOKMOFLOI We formally advise the council of a proposed rate increase of approximately 12%. We feel that this rate increase is a fair and equitable adjustment increase to all persons using our service. Documents are enclosed to show the cost increase on a comparison level and also the percentage write down factor of private vs. social medical care claims and the new price index. Very truly yours, Michael Nilssen Enclosures MN:bs li odl-Cab Lodi Medical Products Enclosure 1 f.. RE: Lodi Ambulance Service Rate Increase BASE RATE MI!,EAGE N-IGHT CALL OXYGEN EMERGENCY WA I'T7`NG TIME A.VANCED LIFE SUPPORT EKG HEART/LUNG RESUSCITATOR SUCTION RESUSCITATION INTUBAT10,N SPINAL CARE ORTHOPEDIC STRETCHER MA . S. T . MN.: bs June 11,1982 COMPARISON LEVEL CARDIAC TRAUMA ARREST 95.00 95.00 95.00 5.00 5.00 5.00 20.00. 20.00 20.00 25.00 25.00 25.00 20.00 20.00 20.00 14.25 14.25 14.25 17-9.-25 179 179.25 55.00 55.00 55.00 40.00 40.00 40.00 16.00 16.00 40.00 95.00 55.00 207.00 25.00 34.00 59.60 269.25 234.25 386.25 269-M vjy.-n ODUNCIL COA' MUNICATIO TO: TMN pTY COUNCK and Honorable Mayor DATE NO. July 2, 1982 FROM: THE CITY "NAOM 0MC1 SUBJECT: Lodi Ambulance Service audit Council directed staff to have an auditor evaluate the financial data presented to the City by Lodi Ambulance Company. We asked the accounting firm of Ernst and Whinney, the City's auditor, to conduct such an evaluation. They procured Lodi Ambulance Service's balance sheet and statement of operations for the fiscal years erAing March 31, 1981 and March 31, 1982. They prepared a comparison of the actual statement of operations and the statements prepared by Lodi Ambulance Service as justification for a rate increase. In addition, they prepared from these reports some ratio analysis. Our Finance Department, too, prepared additional ratio analysis. Representatives of Ernst and Whinney will be at the Council meeting on July 7 to give a complete explanation of their work and to answer questions. JALA. hx.- NNW* J L.. Glenn ssistant City Manager LODI AMBULANCE SERVICE, INC. Current Ratio - Current assets to current liabilities. Measures the ability of a business to pay its current obligations. Current Assets Current Liabilities Working Capital Current Ratio 3/82 3/81 $171,099 $127,462 20,333 29,957 150,766 -$ 97,505 841% 425% Accounts Receivable Turnover - Aids in evaluating the receivable position and approximate collection time. 3/82 3/81 Net Ambulance Fees $541,445 $449,387 Net Receivables 139,207 113,775 Receivables turnover for year 3.9 3.9 Ratio of Stockholders' E uito Total Liabilities - Indicates changes in source of business capital. Increases indicate the company is less vulnerable to a decline in business. Decreases indicate trading on equity (applying leverage) which may be a favorable position to be in. 3/82 3/81 Stockholders' Equity $221,145 $202,249 Total Liabilities 62,058 29,957 Ratio of Stockhclders Equity to total liabilities 3.6 6.8 Ratio of Stockholders Equity to Land, Buildings and EquiEgent - AAnincrease means acquisitions are financed through retained earnings. A decrease may suggest possible over expansion, excessive use of credit and greater vulnerability to financial difficulties if business drops off. 3/82 Stockholders' equity $221,.45 Lana, buildings & equipment (-net) 65,534 .ratio of stockholders equity to land, buildings, and equipment 3.4 3/81 $202,249 53,818 3.8 r e: M Ratio of net sales to total assets - Indicates the relative effectIveness of asset utilization. 3/82 3/81 Net sales $436,207 $406,580 Total assets 283,203 232,206 Ratio of net sales to total assets 1.5 1.8 Rate earned on total assets 3/82 3/81 Net Income 5 18,896 $ 35,531 Total assets 283,203 232,206 _ Rate earned on total - assets 6.67% 15.30$ Rate earned on stockholders equity ' 3/82 3/81 Net income $ 18,896 35,531 'Stockholders equity 221,145 202,249 Rate earned on stock- holders equity 8.548 17.57% r ✓ ICY s. � y'. r t•F 1 g i t 3 r i♦ �yk.'.Vit, : J .'.� tT t t L J t f ) -4p' �i'733 iii•L' 1 .T i-" .7' F�ft "i L�s:M ON r r r .,d > t v F t ` lr.YrR �44�-y Y} F L1�'y'(pa-yQ.��W'h-vP �' '� �� .t C. !M ar �'�!'�CjL 4/ 4 Y-r''+Z f i ' - `� �, .tiy..�=�3Y•s'va.s.,y'�Q 7T�'TsyT�Z, ��` t'� '�Fa� �� AL LU/t R ZN 0 �,- C.:�? 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'ni � + j�1''%?y4 �x l :,,F .tr _ stip a� � 4 a*�v � 'l. f' t+�4f �t�'�r.. 11 �'4 �`•s"�yy.'`��. 4 a },' t r r _i e >'�rt. �'"+��1 i. x�.3, k' •a� h.d.t oaITT, 401� f'a sz F art i t � � k a. f , x• .r. � uYt i ' 00 x SEE ACCOUNTANT'S COM?ILATION LET VOW Vill � µµ sem 7 a€. - k 2 s • { 7iiL Rposm 'Ali Z. ;WN Anyssw 6 f ;fit �Ri�� }},, jr }}## i,�tt 1ta'„f.:.1 4 -•p• q `3`�Y^r ��'Fw,� i Ci 3� i o J s � l i �L w .•. J , h a G l �1E'! W 4,a., ��i'+t. ( c`!�.�r.`, .39ct)7, £ :its. `._ _,t•_1f.<9 .s: r ;{4 N r h a Y Y' i :ts o P31 =.,� ar+� µ �J �' a t h 7 � �h�� r� x�ylX { '➢ w J- £ r ! 4 L RR �i/+f'>iifzSst• S `iN,��,'jY'/ "Sp C gt 4 41f �.�'• 4� i y ilii'_ aa''Yx� ��-�j� ,�a.,}�4� } �. �,v,., r �.� r� r z � J � c• T�t'r� q.`�.ti,t'tlt�i;� �v1° �9. 'ni � + j�1''%?y4 �x l :,,F .tr _ stip a� � 4 a*�v � 'l. f' t+�4f �t�'�r.. 11 �'4 �`•s"�yy.'`��. 4 a },' t r r _i e >'�rt. �'"+��1 i. x�.3, k' •a� h.d.t oaITT, 401� f'a sz F art i t � � k a. f , x• .r. � uYt i ' 00 x SEE ACCOUNTANT'S COM?ILATION LET VOW -"a• 4 �1 � � i� 4 � _q F � � Y ] .� 1 ��Y+[f �{ 1.if�� ii � .l'�� fi.u�" fiM� ii �� t / � 3 y a y Y 2 TTTTTT�� ;A %X4, i -i f j,7.Ls2 ✓ - s t "� t k +r§Yt��1�3 �iJ Yip PI, TAL C.' RENT, 3 5 12530.'81 .i -Wli"rf�,fwi'#.aF55 �~ 'T„ �.k'f-7t x r e = ?a3r K 3 yfl a •kPE= 14 ,y�:iy. (r e ( s + :'� j f s r+zta'�' -: ( a - s a. x "�,. a T '•r '� :✓' � ..�Xt `_"�, us".F �� A .. - t � s � L fiE- 4 z�_�'-•�+�v �� u�.p a'`, f `S`�,� & '�'n0�`ro,�" - 4 � X � t � t N LETTERLETTER'-,a`E ACCOUNTAPiT'S COMPILATIO` -#°T L7S C, s 7533 2 R 01 4, -,-,-,F-IMBU SmMS TEXPENS Is 3,09 f IENT-'��, 1093 1582 TAX tM, T I. 24. 13 46 29 loos00 ,,' , ::,"* ' ...;�L,OPERATING AT I NOE X P ENSES TOTAL 37 ',313 11-UprSr e 1ticsgg 0 9 U6 , Is II�M Www - PP©PI`f bb T DR L r C YF CJ DATE x, Ner 54 1,44 53 124, 13 s 541445. 53 N 105S 4216707- ;2 Ll1O 00- F-R'LT 4`1 V gli 06_;' S W OD 5 �86' `T'�00'� '4°j a 18709 29' .3970..23 a 9100:41 67E 62-, -7470 6 47 0 MUE V 62 E p ihilyr 9 0117 frr s 7533 2 R 01 4, -,-,-,F-IMBU SmMS TEXPENS Is 3,09 f IENT-'��, 1093 1582 TAX tM, T I. 24. 13 46 29 loos00 ,,' , ::,"* ' ...;�L,OPERATING AT I NOE X P ENSES TOTAL 37 ',313 11-UprSr e 1ticsgg 0 9 U6 , Is II�M Www - PP©PI`f bb T DR L cN SEE COMPILATION LETTER'.