Stimulus funds boost Dartmouth-Hitchcock health system
In this May 17, 2011 file photo, the Dartmouth-Hitchcock Medical Center is seen in Lebanon, N.H. (AP Photo/Toby Talbot) Toby Talbot
Published: 12/23/2020 6:35:38 PM
After a rocky spring when the COVID-19 pandemic first hit and revenue plummeted, Dartmouth-Hitchcock Health saw its operating margin climb back into the black for the quarter ending Sept. 30 thanks to federal stimulus payments.
Daniel Jantzen, the Lebanon-based health system’s CFO, described its $13.9 million, or 2.2% margin for the first three months of its 2021 fiscal year as a “dramatic recovery” from losses that occurred earlier in the coronavirus pandemic, in a filing with bondholders late last month.
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BENNINGTON â As hoped, Southwestern Vermont Health Careâs planned $26 million Emergency Department modernization project has won certificate of need approval from the Green Mountain Care Board prior to the end of 2020.
The project will expand the currently undersized department, reconfigure the main entrance to Southwestern Vermont Medical Center and nearby hospital department and include parking and access road improvements. A spring 2021 groundbreaking is planned, with construction expected to be completed in 2023.
SVHC President and CEO Thomas Dee noted that the current Emergency Department was designed in the mid-1990s to accommodate 12,000 to 13,000 patients per year, but that figure recently has averaged about 23,700.
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Vermont Business Magazine In order to save lives from the opioid crisis affecting Windsor County, Mt Ascutney Hospital and Health Care Center (MAHHC) is offering rapid access to Medication Assisted Treatment (MAT) for people who arrive in the Emergency Department after an overdose or simply seeking help for an opioid use disorder. To provide this care a process known as MAT Induction MAHHC is working with Connecticut Valley Addiction Recovery (CVAR), an addiction treatment center in Windsor. In addition, MAHHC and CVAR are collaborating with the Vermont Department of Health to distribute the nasal-spray naloxone (Narcan) for free to the public.