In their last scheduled public meeting as a government entity, members of the Erlanger Health System board Thursday approved the new fiscal year budget as the trustees turned focus toward finalizing Erlanger’s transition to an independent nonprofit.
After the meeting, board Chair Sheila Boyington said Erlanger leaders are still waiting for the Tennessee attorney general to sign off on the transition, the final step in a 16-monthlong process. Boyington said she doesn’t foresee any issues obtaining that approval.
The new private entity — Erlanger Health — is set to launch July 1.
Erlanger Chief Financial Officer Lynn DeJaco commended her team for the many hours it worked putting next year’s budget together while in the midst of the conversion, which includes reworking payer and vendor contracts and rolling financial data into the business software system for Erlanger Health.
“All of this is in the background in terms of making sure our employees don’t feel any disruption,” DeJaco said.