Wednesday, October 29, 2014

2011 and 2014 Winchester 10U Cal Ripken World Series Final reports

The City of Winchester lost approx $32,000 in 2011 and $31,000 in 2014 when the City hosted the 10U Cal Ripken World Series.

To learn more, click on the following links:

2011 Final Report

2014 Final Report


Click here to view a side by side comparison between the 2011 and 2014 World Series events for expenses and revenue.

2014 vs. 2011 World Series Side by Side comparison

Wednesday, November 13, 2013

Perplexed by VHS's president/CEO quote on The Affordable Care Act

I wonder what research and information Valley Health System’s Mark Merrill based his quote on “The Affordable Care Act” back on July 23, 2012 in the Winchester Star?

The Winchester Star ran a story that Virginia's medicaid expansion was unlikely as the commonwealth was considering opting out of a key provision of the Affordable Care Act: expansion of Medicaid, the government-run insurance plan.

“It’s really disappointing if the Commonwealth doesn’t participate,” said Mark Merrill, president and CEO of Valley Health System, which operates Winchester Medical Center and five other hospitals in the region.

“The Affordable Care Act is better for all involved: patients, pharmaceuticals, physicians, and especially the uninsured.”

READ MORE HERE ... http://www.winchesterstar.com/article/va_medicaid_expansion_unlikely

Wednesday, December 12, 2012

re: Economic Research Institute

ERI Economic Research Institute is constantly updating this Form 990 Library as new images are provided by the IRS.


Valley Health System:
http://www.eri-nonprofit-salaries.com/index.cfm?FuseAction=NPO.Summary&EIN=540505979&Cobrandid=0


Shenandoah University:
http://www.eri-nonprofit-salaries.com/index.cfm?FuseAction=NPO.Form990&EIN=540525605&Year=2012

Shenandoah University Salaries for FY-6/30 2006-2011

Continuing to build on The Winchester Star's database of local salaries, below is Shenandoah University as they are ranked in the Top 5 of local employers in the City of Winchester for the 2nd Qtr of 2009.  Also included are the top 5 highest paid contractors that Shenandoah University has secured for their services rendered over recent years.

SU Top Salaries and Top Contractors (comparison from 2006-2009)

Salaries, other compensation, employee benefits had a noticeable increase from 2008.
$41,186,110 ... FY-6/30/2010

$40,783,692 ... FY-6/30/2009

$34,901,609 ... FY-6/30/2008

$34,821,188 ...
FY-6/30/2007

$32,490,932 ...
FY-6/30/2006
These figures are the total sum of Compensation of the current officers, directors, trustees and key employees;  Other Salaries and wages; Pension plan contributions (include section 401(k) and section 403(b) employer contributions); Other employee benefits and Payroll taxes.

Related public documents:

SU IRS990 2012

SU IRS990 2011

SU IRS990 2010

SU IRS990 2009

SU IRS990 2008

SU IRS990 2007

SU IRS990 2006

Tuesday, December 4, 2012

re: 60 minutes ... Hospitals: The cost of admission


60 minutes exposed what a "for-profit" hospital system is doing .. but makes one wonder are "not-for-profit" hospitals doing the same?

https://youtu.be/iEXkKV3kbb8


Hospitals: The cost of admission
December 2, 2012 4:42 PM

Steve Kroft investigates allegations from doctors that the hospital chain they worked for pressured them to admit patients regardless of their medical needs.




Steve Kroft updates a story 60 Minutes first broadcast a year ago called "The Cost of Admission." The report investigated allegations from doctors that the hospital chain they worked for pressured them to admit patients regardless of their medical needs.  
Update on "The Cost of Admission"