In particular, QVMC has made the following changes over the past year to increase collections:
A big area of concern for QVMC is the bad debt from people attending Gorge Amphitheatre concerts who need medical attention that are sent to Quincy Hospital's emergency room.
Under federal law, as an emergency department, QVMC is required to serve anyone who comes through its doors.
While recent economic growth in Quincy has contributed to QVMC receiving more property tax revenues, QVMC is a junior taxing district; therefore its tax revenues are statutorily limited.
As a result, in addition to looking at a possible Maintenance & Operations Levy Increase, as well as seeking compensation for the costs of Gorge Amphitheatre concert goers who are using QVMC for emergency medical services and are not paying for their treatment, Quincy Valley Medical Center is also pursuing the following other options to help resolve its financial issues:
Grant County currently holds the warrant or guarantee on the debt that QVMC has accrued.
QVMC is also working with a local accounting firm and various lenders to consolidate debts and/or refinance loans under a lower interest rate.
QVMC has three components: QuickVideo Multicast Source (QVMC-Source), QuickVideo Multicast Player (QVMC-Player), and QuickVideo Multicast Recorder (QVMC-Recorder).
QVMC is a complete multicasting solution and can be used as a standalone system or as part of InfoValue's award-winning QuickVideo Suite -- a family of fully integrated software solutions that allow businesses and institutions to establish and manage their own video-enabled networks.
For installations with a large number of desktop viewers over a wide area, network managers can strategically locate multiple QVMC Recorders to record and support instant replay for users.
Based on an open architecture, QVMC is a turnkey solution that will work with most commercially viable real-time MPEG1 and MPEG2 encoders today and can be customized to meet an organization's future needs.
QVMC is available now through leading Value-Added Resellers in the U.