Generosity to Employees
It may be that Sam was over compensated by the board, but some of these benefits were set up decades ago, with a cash out instead of money payments. You can say the same thing about Sam and the administration being too generous towards their employees and the community. Most of the service employees at SVHM are paid double what there counterparts are paid on the peninsula. Nurses are paid handsomely as well. Long-term union employees make more than some managers. All benefited employees have enjoyed a huge benefit package, with full medical for work done at SVHM, a great DB pension and 8 weeks vacation per year. Other benefits include a subsidize cafeteria, free meals on some holidays. Years past the employees were treated to many free extravagant events. It is true that admin is looking into taking some of these benefit away, because they can’t afford it and stay competitive.
Generosity to the Community
SVHM over the years has put on many community events and been a sponsor to some great causes. They have traveled to other parts of the world to set up clinics and train staff how to use the equipment they have donated. It would take thousands of pages to describe what SVMH has done for this community and the world. Money well spent?
Government Forces SVMH to Spend Million of Dollars in Retro Fit
Without the Bond passing this has put a huge drain on SVHM operating funds and without a the bond passing, thing are even worse
Patient Census
Before the meltdown in 2008, patient census averaged between 160-220. For the past two years it has been at 100-150. Revenues and been cut dramatically. It takes a census of 166 to break even.
Charity Care
The economic downturn has brought many more people to SVHM for help. Charity Care has gone from $2 million to $15 million per year
Medicare and Insurance
SVHM receives less money from Medicare. Insurance companies are directing people to less expensive hospitals in the Bay Area and LA.
There are more reasons for the shape SVHM is in. I think is sad how fast our community has turned it’s back on SVHM, considering what it has doing for our community and it’s employees. The rumor mill and the blame are creating smoky mirrors and I suggest you find the truth before you condemn a hospital that for over a half a century has been financially sound and has been a neighbor that truly cares. These are difficult economic times for the whole county and SVMH is not the exception.
Universal Generosity and a Perfect Storm are the True Issues at SVMH
For 15 years I have been a non-union employee at SVHM, I received a buy out package letter last summer and I live in fear of losing my job everyday. I have seen many of my fellow workers let go from the bottom to the top. But I have also seen some things that have got us into the situation we are in. It may seem easy for me to say some of these things, because I still have my job, but they need to be said
I have just about had it with irresponsible journalism that is running ramped through this county and obviously in our local papers. Mary Duan is no exception and I suggest she research more, before writing article that can be such a powerful influence. Here are some of my truths. While the cafeteria has slowed because of some layoffs, it is still a busy place. Unless the employee mentioned is a per diem he has a nice pension package coming at 65, if he has 20 years with SVMH. He was given $7000 not a couple of thousand to leave early. Most financial advisors recommend you have 6 months living expenses encase you lose your job. I know that sounds a little cold, but we have to take on some responsibility for ourselves.
I believe that most of the information coming out of the media has been instigated by a newly elected union that is using SVHM as a pilot program to establish itself in California. They want to look tough and are not compromising and looking for support. Everything I have seen is that SVHM is in a serious financial situation and they need to make cuts to survive and be competitive with other hospitals. The biggest mistake the board has made, is that they have waited to long to implement these changes.
It is true these are difficult times for SVMH and it’s employees. As the newly elected Union would have you believe this is an isolated incident, that the board, Sam , interim CEO and the administration has decided out of the blue to really start making some real money by screwing it’s employees and lining their own pockets.
Read More -What Really Brought SVMH to a Place of Despair
Layoffs, Payoffs
What Really Brought SVMH to a Place of Despair
Generosity to Employees It may be that Sam was over compensated by the board, but some of these benefits were set up decades ago, with a cash out instead of money payments. You can say the same thing about Sam and the administration being too generous towards their employees and the community. Most of the service employees at SVHM are paid double what there counterparts are paid on the peninsula. Nurses are paid handsomely as well. Long-term union employees make more than some managers. All benefited employees have enjoyed a huge benefit package, with full medical for work done at SVHM, a great DB pension and 8 weeks vacation per year. Other benefits include a subsidize cafeteria, free meals on some holidays. Years past the employees were treated to many free extravagant events. It is true that admin is looking into taking some of these benefit away, because they can’t afford it and stay competitive.
Generosity to the Community SVHM over the years has put on many community events and been a sponsor to some great causes. They have traveled to other parts of the world to set up clinics and train staff how to use the equipment they have donated. It would take thousands of pages to describe what SVMH has done for this community and the world. Money well spent?
Government Forces SVMH to Spend Million of Dollars in Retro Fit Without the Bond passing this has put a huge drain on SVHM operating funds and without a the bond passing, thing are even worse
Patient Census Before the meltdown in 2008, patient census averaged between 160-220. For the past two years it has been at 100-150. Revenues and been cut dramatically. It takes a census of 166 to break even.
Charity Care The economic downturn has brought many more people to SVHM for help. Charity Care has gone from $2 million to $15 million per year
Medicare and Insurance SVHM receives less money from Medicare. Insurance companies are directing people to less expensive hospitals in the Bay Area and LA.
There are more reasons for the shape SVHM is in. I think is sad how fast our community has turned it’s back on SVHM, considering what it has doing for our community and it’s employees. The rumor mill and the blame are creating smoky mirrors and I suggest you find the truth before you condemn a hospital that for over a half a century has been financially sound and has been a neighbor that truly cares. These are difficult economic times for the whole county and SVMH is not the exception.
Layoffs, Payoffs
Universal Generosity and a Perfect Storm are the True Issues at SVMH
For 15 years I have been a non-union employee at SVHM, I received a buy out package letter last summer and I live in fear of losing my job everyday. I have seen many of my fellow workers let go from the bottom to the top. But I have also seen some things that have got us into the situation we are in. It may seem easy for me to say some of these things, because I still have my job, but they need to be said
I have just about had it with irresponsible journalism that is running ramped through this county and obviously in our local papers. Mary Duan is no exception and I suggest she research more, before writing article that can be such a powerful influence. Here are some of my truths. While the cafeteria has slowed because of some layoffs, it is still a busy place. Unless the employee mentioned is a per diem he has a nice pension package coming at 65, if he has 20 years with SVMH. He was given $7000 not a couple of thousand to leave early. Most financial advisors recommend you have 6 months living expenses encase you lose your job. I know that sounds a little cold, but we have to take on some responsibility for ourselves.
I believe that most of the information coming out of the media has been instigated by a newly elected union that is using SVHM as a pilot program to establish itself in California. They want to look tough and are not compromising and looking for support. Everything I have seen is that SVHM is in a serious financial situation and they need to make cuts to survive and be competitive with other hospitals. The biggest mistake the board has made, is that they have waited to long to implement these changes.
It is true these are difficult times for SVMH and it’s employees. As the newly elected Union would have you believe this is an isolated incident, that the board, Sam , interim CEO and the administration has decided out of the blue to really start making some real money by screwing it’s employees and lining their own pockets.
Read More -What Really Brought SVMH to a Place of Despair