Efforts continue to address government funding cuts to hospitals
During the 2013 legislative session, Yale New Haven Health System efforts focused on negotiating solutions that could have avoided damaging reductions in payments to hospitals — about $550 million in cuts to Connecticut hospitals over the next two years. Unfortunately, the final two-year state budget retained significant reductions.
The impact of reduced state funding on Yale New Haven Health hospitals remains a great concern, and as FY2014 hospital budgets are being developed, Bridgeport, Greenwich and Yale-New Haven hospitals are in the process of reviewing how to best address the lower Medicaid revenue, as well as reductions being implemented under the federal Medicare program.
To help meet these revenue reductions, the hospitals are focusing on a continuing and thoughtful vacancy review process and enhanced supply chain management practices, as well as accelerating cost and value positioning work. All three hospitals are anticipating smaller operating margins for next year. YNHHS remains committed to providing excellent, high-quality patient care, and will continue to work with the state on meaningful reform that will help patients across Connecticut.
YNHH named a Best Employer for Workers Over 50
AARP, formerly the American Association of Retired Persons, and the Society for Human Resource Management, named YNHH one of the 2013 Best Employers for Workers Over 50. YNHH joins a diverse group of health systems, corporations, government agencies and non-profits throughout the nation on the list.
Nearly 30 percent of YNHH employees are age 50 or over with an average tenure of 18 years. YNHH offers a number of programs and benefits that support mature workers, including tuition reimbursement and training opportunities, flexible work schedules and alternative work arrangements, free health screenings and wellness programs, financial and retirement planning and dependent care benefits.
AARP specifically lauded YNHH's School at Work Program, a refresher course designed to prepare employees for additional formal education or a career change. They also noted the Retiree Medical Accounts for employees retiring at age 55+ with at least ten years of service.
YNHH supports weekly farmers market starting July 12
YNHH has again partnered with the Connecticut Mental Health Center (CMHC) and CitySeed to sponsor the Hill Farmers Market during the summer. Starting Friday, July 12, the market will be held each Friday, 11 a.m.-2 p.m., in the CMHC parking lot, directly across the street from the entrance to Smilow Cancer Hospital at Yale- New Haven. The Hill Farmers Market offers locally grown produce, fresh bread and prepared foods. It also provides free cooking demonstrations, health education and live music and performances.