For many of us New Year’s Day is a time of personal self-examination. We reflect and critique our past year, assess our current situation, and then create goals and resolutions for the coming year. Similarly, as we approach the end of Fiscal Year '18 and anticipate the start of Fiscal Year '19, we should collectively do the same. As we proceed with our shared introspection, our North Star is our mission – to restore and preserve health, to seek the cause and cure of disease, and to educate those who serve humanity.
Our Vision by Design began a year ago with our Value and Efficiency (V&E) work. We needed to embark to ensure our health system is effective, efficient, and sustainable. Our V&E work spans across our health system, and combines reducing expenses and optimizing revenue. Through the third quarter of Fiscal Year '18, we have achieved a 3.5% operating margin compared to budget of 3.3%. While less than prior year, our Fiscal Year '18 margin accounted for deliberate investments such as the opening of the new VCU Health Community Memorial Hospital and new programs at Virginia Premier to serve our Commonwealth’s most vulnerable individuals.
As we look to Fiscal Year '19 beginning on July 1, we are facing many challenges:
- Understanding complex legislative dynamics about health policy at the federal and state levels
- Managing expenses rising faster than reimbursement increases, which are lower than before
- Improving our ability to meet patient and health care consumer expectations
- Meeting our building and other capital plan needs
- Adapting to changing payment models
These challenges also present opportunities. Our Vision by Design is about achieving higher tiers of success. To accomplish our vision, we must focus and be able to make the necessary investments. Being discerning of our costs and optimizing our revenue allows financial flexibility to invest wisely. Every team member can find ways to be effective and efficient in all that we do. Seek out, share, and act on these opportunities. Together, we will ensure the future success of VCU Health.
Internist Tom Yackel, M.D., named president of MCV Physicians.
After a national search, Tom Yackel, M.D., has been appointed president of MCV Physicians, the faculty practice plan of VCU Health. He also will serve as senior associate dean for clinical affairs in the Virginia Commonwealth University School of Medicine.
Most recently, Yackel served as vice president and chief clinical integration officer for Oregon Health & Science University in Portland, as well as associate dean for the clinical practice in the School of Medicine.
“Dr. Yackel’s recruitment is the result of a highly competitive national search,” said Marsha Rappley, M.D., CEO of VCU Health System and vice president of health sciences. “He is the first-ever external recruitment to this position, and he follows in the steps of physicians who have come up through the ranks and done exceptional jobs leading MCVP.”
The press release includes more detail about this exciting announcement.
Under Vision by Design, we create the best experience by listening and learning from what others tell us.
Our Vision by Design tiers include building a diverse workforce, teaching force and research base.
The Commonwealth of Virginia’s 2018 Open Enrollment for COVA Care health insurance is May 1-15, 2018. All enrollments must be processed on the paper enrollment form that can be found on the DHRM site or in HR4U.
- The enrollment form must be submitted to the VCUHS Benefits office by 5 p.m. Tuesday, May 15.
- Those who are enrolling new dependents must first upload supporting documentation onto ESS.
To learn more:
- Visit https://www.myactivehealth.com/cova for information on health premium rewards for this year.
- Watch the ALEX video to learn more about COVA Care benefits.
- Read the 2018 Spotlight on the DHRM site.
- Visit HR4U to learn more about your rates for next year.
Please contact HR4U with questions.
A primary tenet of Vision by Design is our responsibility to care for each other and nurture our talent, energy and commitment.
As VCU Health’s Managed Care Organization, Virginia Premier helps the health system fulfill its vision and mission – especially when it comes to connecting members and physicians; a dedication to quality; and, continuous improvement.
One of our primary focuses is establishing meaningful connections. We make personal relationships with providers and our members. And we bring them together. In doing so, Virginia Premier helps hundreds of thousands of Virginians across the Commonwealth live healthier lives.
Like VCU Health, Virginia Premier is committed to the highest standards of quality, across the organization. Virginia Premier has been accredited by the National Committee for Quality Assurance (NCQA) 2007. This accreditation tells our members and our partners that we are committed to providing the highest quality health care. We are proud of this accreditation but we will never be satisfied.
“We are proud to be accredited by NCQA but our real goal is to constantly improve,” observes Jamie McPherson, vice president, Quality. “Improvements today will result in better care for our members tomorrow.”
*For Measurement Year 2016, Virginia Premier's NCQA accreditation rating score was 3.52 (out of a possible 5.0.) Our rating goal for the next survey, in 2019, is 4.0.
Our mission and our vision are directly supported by our unwavering commitment to achieving the highest standards of safety, quality and service.
Please remember that the HR source for all employment information, including direct reports, is Ultipro.
Before May 25, managers need to:
Review and update the “supervisor” field in ESS/MSS
Review and update the “reviewer” field in ESS/MSS
- Recommended for managers with 35 or more direct reports
- Recommended for managers who reassigned annual reviews in the past
Refer to HR4U for instructions about updating “supervisor” and “reviewer” fields
Our Vision by Design pathways commit that we will deepen operational excellence and organizational effectiveness.
On Tuesday, May 15 from 12 – 1 p.m. in the Main 1-426 conference room, Eldercare Education and Support meeting.
One in 5 Medicare beneficiaries agree that Medicare is confusing. This session will boost your knowledge on initial selection of a Medicare plan, when and how to switch plans that will meet your specific needs and provide educational guidelines to help you make informed choices about your plan.
Speaker: Bryan Gay, Boomer Insurance GroupAll are welcome.
Weight Watchers @ Work on the MCV Campus on Tuesdays in Sanger Hall, 1st floor conference room 1-038. The confidential members’ weigh-in is from 11 – 11:15 a.m. followed by a 30-minute support group meeting. For discount membership information, log onto the HR4U website at www.HR4U.vcuhealth.org. Questions? Email Emmy.Rusyniak@vcuhealth.org.
Yoga at the One Capitol Square Building on Tuesday evenings from 5:15 – 6:20 p.m. at 830 E. Main Street, 12th floor. All experience levels welcome. Bring your mat. Free and open to employees paid by VCUHS. Questions? Emmy.Rusyniak@vcuhealth.org.
Virginia Credit Union will be onsite on Thursday, May 17 at HR Express, Main2 Learning Center from 11 a.m. – 2 p.m. Stop by to get money saving tips and for membership information!
Financial Wellness seminars on the MCV Campus “Strategies for Eliminating Debt” presented by Virginia Credit Union will be held on Thursday, May 17 from 12 - 1 p.m. in The Learning Center (Main-1). Free and open to everyone.