Two million dollars is A LOT of money and two million dollars is what GVMH is paying back to staff to reward their efforts and dedication over the past year.
GVMH had an excellent year financially in FY 13, which ended March 31, 2013, and that’s great but success in health care can’t be measured by finances alone. We’re in the business of saving lives and the success of our efforts are measured by lives improved as opposed to the size of a deposit slip.
We saw significant improvement in patient satisfaction in FY 13, increased volume in many services and high levels of staff engagement. As a result of our improvements in patient satisfaction and our healthy bottom line we will be rewarding staff for their efforts.
Almost $2 million dollars is being paid back to staff in the form of retirement contribution and incentives. Our financial performance qualified staff for a retirement plan contribution of 5% of their total salary and our patient satisfaction improvement qualified staff for an incentive payment based partially on length of service.
Health care is a team game and our GVMH Team is responsible for our success. Fortunately for all GVMH Staff the Board of Directors understands and rewards staff for their efforts. We are successful because of our staff.
GVMH is successful because of its staff so it’s only fitting that staff share in the success of the organization.