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RRMC named a High Performing Hospital for Hip and Knee Replacement by US News & World Report

Tue, 08/04/2020 - 3:27am -- tim

Vermont Business Magazine For the second year in a row, Rutland Regional Medical Center has been recognized as a High Performing Hospital for Adult Knee Replacement, and has also been named a High Performing Hospital for Adult Hip Replacement for 2020-2021 by U.S. News & World Report. More than 4500 Medical Centers nationwide were evaluated in ten procedures and conditions with fewer than one third of all hospitals receiving any high-performance rating.

Southwestern Vermont Health Care’s Spirit of the Summer Gala raises more than $78,000

Tue, 08/04/2020 - 3:02am -- tim

Vermont Business Magazine The Spirit of the Summer Gala—an event designed to bring the Southwestern Vermont Health Care (SVHC) community safely together in a virtual way—welcomed more than 400 attendees and raised more than $78,000 July 17 – 31, 2020.

“The Spirit of the Summer Gala was an incredible success by all measures,” said Leslie Keefe, the vice president of Corporate Development at SVHC. “It was so inspiring and just what the community needed at this time.”

Vermont celebrates World Breastfeeding Week August 1-7

Tue, 08/04/2020 - 2:07am -- tim

Vermont Business Magazine Communities in Vermont are kicking off World Breastfeeding Week on August first, with an invitation to join with others across the globe to celebrate, promote and learn more about breastfeeding, chestfeeding, lactation, and infant and maternal health. Throughout the week the Department of Health will be highlighting the importance of what the Centers for Disease Control and Prevention (CDC) calls “the clinical gold standard for infant feeding and nutrition.”

VDH COVID-19 Update: Wearing a mask is now the law

Mon, 08/03/2020 - 5:23pm -- tim

Vermont Business Magazine Effective this past Saturday, August 1, people in Vermont are required to wear a face mask or covering in public spaces any time it is not possible to keep a 6-foot distance from others who are not part of your household. This includes both indoor and outdoor public spaces and group living settings (for example, long-term care facilities, nursing homes, apartment and condo complexes). The Vermont Department of Health reported today one new case of COVID-19 for a statewide total of 1,427. There is one person hospitalized and deaths remain at 57.

Vermont hospitals file 'Recovery Budgets' with Green Mountain Care Board

Mon, 08/03/2020 - 5:13pm -- tim

Vermont Business Magazine Vermont’s nonprofit hospitals filed budget requests with the Green Mountain Care Board (GMCB) on Friday for the coming fiscal year, kicking off the annual hospital budget review process. The Vermont Association of Hospitals and Health Systems (VAHHS), which represents the system of hospitals, called these budgets “recovery budgets,” after years of financial challenges intensified by COVID-19. Hospitals experienced significant loss of revenue when they were forced to shut down elective procedures beginning in mid-March. At the same time, hospitals incurred substantial unplanned but lifesaving expenses in response to the pandemic such as retrofitting space, creating new staffing models and purchasing expensive and hard-to-find protective equipment. While extremely disruptive and costly, this work, in which hospitals collaborated with state and community partners, has been lauded as a model for the nation.

Casella reports revenues, net income edge up in 2Q 2020

Mon, 08/03/2020 - 5:08pm -- tim

Vermont Business Magazine Casella Waste Systems, Inc (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and six month period ended June 30, 2020. The company also reintroduced guidance for the fiscal year ending December 31, 2020, fiscal year 2020. Revenues were $188.8 million for the quarter, up $1.3 million, or up 0.7%, from the same period in 2019. Net income was $12.1 million for the quarter, up $0.2 million, or up 1.7%, from the same period in 2019.

Tropical Storm Isaias forecasted to bring heavy rain and strong gusts to Vermont Tuesday

Mon, 08/03/2020 - 5:02pm -- tim

Vermont Business Magazine Green Mountain Power (GMP) is urging safety for customers as forecasts call for heavy rains and strong winds as Tropical Storm Isaias moves up the East Coast Tuesday. Meteorologists call this a fast moving storm that will weaken as it moves over land, yet still is forecasted to possibly cause flash flooding with rains of one to four inches as it sweeps over Bennington County and heads northeast and over the Connecticut River valley in Vermont starting Tuesday.

Front-line employees hazard pay grant applications to open for employers on August 4

Mon, 08/03/2020 - 4:48pm -- tim

Vermont Business Magazine Governor Phil Scott today announced that beginning Tuesday, August 4, public safety, public health, health care and human services employers whose employees worked to help mitigate or respond to COVID-19 may apply for hazard pay grant funds for their employees. The Front-Line Employees Hazard Pay Grant Program was established in Act 136 of 2020 using Coronavirus Relief Fund dollars to pay eligible employees who worked during the COVID-19 public health emergency from March 13 through May 15, 2020.

UVM Medical Center, CVMC, Porter submit FY2021 budget requests

Mon, 08/03/2020 - 4:44pm -- tim

Vermont Business Magazine Last Friday, the Vermont-based hospitals of the University of Vermont Health Network – Central Vermont Medical Center, Porter Hospital, and the University of Vermont Medical Center – submitted a collective fiscal year 2021 budget to the Green Mountain Care Board that charts a path to recovery, while meeting essential patient care needs and supporting employees with a slim, combined margin target of 2.2 percent. Vermont's community hospitals were required to file their proposed budgets to the GMCB by last Friday.

SBA recovery Webinars, Employee Ownership Conference Aug 18

Mon, 08/03/2020 - 4:38pm -- tim

SBA Vermont Learn about the unique benefits and challenges of employee ownership during a full-day virtual event August 18, featuring 15 informative workshops and a keynote by Blake Jones. The online event logistics will take place via Microsoft Teams with extensive support from the University of Vermont Conference and Events Services. The SBA Vermont District Office hosts a free daily webinar from 9 to 10 a.m. Monday to Friday to discuss Paycheck Protection Program forgiveness and other changes. In response to the COVID-19 pandemic the SBA Vermont District Office hosts a free webinar from 9 to 10 a.m. Tuesdays and Thursdays to discuss the Paycheck Protection Program, the Economic Injury Disaster Loan and Advance, and any pertinent updates.

CCV expands options for high school seniors with extended early college deadline

Mon, 08/03/2020 - 4:33pm -- tim

Vermont Business Magazine In response to uncertainties facing the Vermont high school class of 2021 as they plan for the future amid COVID-19, the Community College of Vermont (CCV) is giving students an extra month to enroll in its Early College program. Early College, supported by the Flexible Pathways Initiative created by Act 77, allows high school seniors to complete their last year of high school and first year of college simultaneously and tuition-free. CCV will now accept applications for fall 2020 until September 1st, a full month beyond its typical August 1st deadline. The new date is intended to provide students and families with more time and flexibility in making decisions for fall.

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