Windham Hospital Reports Gains for Fourth Consecutive Year
WILLIMANTIC, CT- January 16, 2009 It was a very good year for Windham Hospital financially and programmatically as reported at the Hospital’s annual meeting on January 15, 2009. “The Windham community has a hospital that is better this year than it was last year,” commented Chairman of the Board, Arthur Brodeur. This fact was also substantiated by the Chief Financial Officer, James Papadakos as he reported a 2% operating margin, which was achieved in addition to capital investments in technology and in the hospital’s facilities, as well as substantial contributions to the pension program.
Richard Brvenik, President and CEO noted achievements in four areas: quality, people, growth and service excellence, pillars of the hospital’s organizational effectiveness initiative. He also outlined goals for fiscal year 2009 which included a 2% operating margin, growth in inpatient volume and outpatient diagnostic testing, improvements in health plan contracts, revenue cycle improvements, expanded educational services for seniors and women, and increased patient satisfaction results, as reported in national surveys.
The benefit of the impending affiliation with Hartford Healthcare Corporation was mentioned throughout the evening as the hospital awaits final approval from the Office of Healthcare Access. “We see continued collaboration and improvements in the areas of physician recruitment, clinical outcomes and training opportunities, as well as a myriad of other administrative and operational efficiencies yielding economic benefit,” noted Elliot Joseph, President and CEO, Hartford Healthcare, in a letter read at the meeting.
Reports from the Auxiliary and Foundation highlighted successful fundraising activities that are enhancing patient care and other programs at Windham Hospital. In other business, Ethan Foxman, M.D. and Dana Wilder were named to the Board of Directors. New Corporators were also named, including Dr. Carmen Cid, Pouran Faghri, M.D.,Yvette Martas, M.D., Austin and Joan McGuigan, and Gladys Tucker.
Dr. Anthea Woodley was recognized for her leadership of the medical staff as she reported on the enthusiasm of the staff about the upcoming opportunities to work more closely with colleagues at Hartford Hospital. She also noted that six new physicians were added to the Windham Hospital medical staff this past year providing Emergency Services, primary care, and the services of a Neurologist to the Windham community. Dr. Eugene Winchester will succeed Dr. Woodley as Chief of the Medical Staff.
Brvenik closed his remarks with optimism about the future. “I do know that despite these daunting challenges (of the economy) our organization is ready and prepared to meet them head on and as a result will continue our 75-year long illustrious history of excellence in health care for our 19 town service area.”