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This profile was last updated on 2/3/15  and contains information from public web pages and contributions from the ZoomInfo community.

Ms. Crystal Betts

Wrong Crystal Betts?

Chief Financial Officer

Tahoe Forest Hospital
10121 Pine Avenue
Truckee , California 96161
United States

Company Description: Tahoe Forest Hospital was founded by the residents it serves and has become a symbol of the community's historic dedication to excellence in health care. Over the...   more
Background

Employment History

Board Memberships and Affiliations

6 Total References
Web References
Tahoe Forest Health System: Staff Directory
www.tfhd.com, 22 Jan 2015 [cached]
Crystal Betts Chief Financial Officer (530) 582-6656 cbetts@tfhd.com
As for financial impact, a contribution ...
www.tahoedailytribune.com [cached]
As for financial impact, a contribution would have "minimal impact" on a day's cash on hand calculation, since the hospital district has a daily expense of about $323,000, said Crystal Betts, TFHD chief financial officer.
Tahoe Forest Hospital - Directory/Alphabetical Listing
www.tfhd.com, 2 Dec 2006 [cached]
Crystal Betts Controller (530) 582-6656
...
Crystal Betts Materials Management Director (530) 582-6656
For the 2011-12 fiscal year, residents ...
www.sierrasun.com, 31 Aug 2012 [cached]
For the 2011-12 fiscal year, residents had been paying a rate of $21 per $100,000 assessed property value, a figure that would have been $23.92 per $100,000, had the board not elected to contribute $444,000 to the bond's debt service payment, confirmed Crystal Betts, chief financial officer for Tahoe Forest Hospital District, during interviews this week.
This year, the board elected not to contribute toward the debt service payment due to several reasons, including the uncertain impact of national health care reform, Betts said, causing the tax rate to jump up by $9.67 per $100,000 assessed property value for the 2012-13 fiscal year.
...
According to the minutes of the July 31 meeting, Betts said that before 2008, the area had historically seen an increase in the housing market.
...
Betts looked at her own property bill to help determine the cost difference of the Measure C hike, and found there was about a $3 change, according to the July 31 meeting minutes. In that same meeting, she said her personal example wouldn't apply to all hospital district parcel owners. Only those who bought their home during the housing bubble would see a decline in their assessed property value, she said.
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The Measure C tax rate has the potential to fluctuate over time based on the debt service payment required and assessed property values, a calculation the Tahoe Forest board must review every year, Betts said.
Crystal Betts, chief ...
www.tahoedailytribune.com [cached]
Crystal Betts, chief financial officer for the hospital district, said a 2013 audit reported an operating loss of $5.8 million, which includes depreciation as an operating expense.
However, considering the district treats depreciation as a non-operating expense, Tahoe Forest saw an operating income of $1.6 million last year, she said.
"What's most important for the community to understand is that our depreciation expense is the largest single contributor to the change in our net earnings," Betts said.
As for fiscal year 2014, due to deprecation, the district projected a $1 million net loss, but final numbers are expected to be more positive, she said.
...
When asked for details on median pricing, Betts said the district did a study using information on the California Office of Statewide Health Planning and Development website, which shows the 25 most common outpatient procedures performed in a hospital, and compared pricing for those procedures to eight other hospitals that would be considered comparable or within our region.
"In most cases the district's pricing was at or below those we were compared against," Betts said.
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