The meeting (Budget Hearing) of the Board of Trustees (“Board”) of The Health and Hospital Corporation of Marion County, Indiana (“HHC”), was held August 12, 2003, at 1:30 pm., in the Fourth Floor Administrative Conference Room “A” of the Ott Building, Wishard Health Services, 1001 West Tenth Street, Indianapolis, Indiana. Members present: James D. Miner, M.D.; Jean S. Blackwell; Betsy L. Brougher; Lula M. Journey; Marjorie O’Laughlin; Robert B. Pfeifer. Members absent: Henry C. Bock, M.D.

The Chairman of the Board, Dr. James Miner, called the meeting to order and proceeded with roll call.

Dr. Miner requested that Mrs. Keith, general counsel, present the second reading of General Ordinance No. 3-2003. Mrs. Keith read General Ordinance No. 3-2003,

“An Ordinance establishing the annual budget of The Health

and Hospital Corporation of Marion County, Indiana for the

fiscal year beginning January 1, 2004, and ending

December 31, 2004, appropriating monies for the purpose of

defraying the expenses and all outstanding claims and

obligations of the several departments and officials of

the corporation government; and fixing and establishing

the annual rate of taxation and tax levy of the year 2004,

for each fund for which a special tax levy is authorized.”

Dr. Miner than asked if there were any comments or questions from the Board of Trustees. Seeing were none, Dr. Miner asked if there were any comments or questions from the public. There were none.

Mr. Gutwein gave a brief update on the financial status of the Health and Hospital Corporation. He also announced that the Health and Hospital budget would be presented at the City County Council Budget Hearing on Wednesday, August 27, 2003 at 4:30 p.m.

There was no other business; therefore Mrs. Journey made a motion to adjourn. The motion was seconded and passed unanimously.

At this point, Dr. Caine announced that there was a concerned citizen who just arrived and wanted to address the Board.

Mrs. Journey then made a motion to reopen the meeting in order to allow the citizen to express concerns. Mr. Pfeifer seconded the motion. The meeting was reopened.

Mr. Albert Greilich, presented his comments and concerns to the Board of Trustees. Mr. Gutwein responded to these concerns.

Mrs. Journey made a second motion to adjourn the meeting. The motion was seconded and passed unanimously.

The next meeting will be held on Tuesday, August 26, 2003, 1: 30 p.m., in the Fourth Floor Administrative Conference Room “A”, Ott Building, Wishard Health Services, 1001 West Tenth Street, Indianapolis, Indiana.

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James D. Miner, M.D.

Chairman, Board of Trustees

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Matthew R. Gutwein

President and Chief Executive Officer