The consultant hired to help guide the Commission on Ownership and Governance of Memorial Health System will be paid $285,000 for his work.
The contract Larry Singer signed with Memorial Health System – which will be paying the bills – covers the period between this month to April 2011, and also includes travel expenses.
“I work only on a project fee basis,” Singer wrote his contract. “I determine project fees by considering two primary factors: the scope of the project and its impact on the organization, and the time to be expended on the project, including the type and scope of the work to be undertaken.”
After a lengthy interview process, Singer was chosen by the commission to help facilitate its work in determining recommendations to make to the Colorado Springs city council concerning Memorial’s future.
Singer has agreed to provide a “thorough understanding” of the current strategic, financial, quality and patient-care access of Memorial, and the market position needed for the system to thrive into the future. He is also asked to develop a process to explore alternative models of ownership and governance for Memorial.