Mission and Working Plan Emergency department nurses greet patients at the triage area to assess the extent of their illness or injury. The newly renovated admission area was funded through a Reid foundation grant.
Many variables bear upon the resources of both entities.
New and expensive technologies, changing reimbursement patterns, increases in charity care, and fluctuations in the flow of charitable gifts and bequests to the Foundation are but some of these unforeseen developments. These factors make it all the more important for Reid and the Foundation to develop a long-range plan. Existence of a truly major endowment will help provide assurance that Reid's rate structure will remain competitive and that reasonable protection exists for unforeseen crises. The objective being maximum asset-growth consistent with reasonable safety. A multi-decade time frame is appropriate in this regard, as is the aggressive approach to investing which that implies.