AV Hospital Adjusts Financial Plan Timetable

Earlier this month, the hospital CEO and COO/CFO released a video that looked at the hospital’s financial status and explained how the organization is working to assure a strong financial future. Building upon the successes of the past year, we are determined to discontinue our reliance of government subsidies, which are unpredictable. As a result we are re-tooling hospital processes in a way that maximizes efficiencies and minimizes waste, better aligning revenues with operating expenses. To view that earlier video, click here: https://www.youtube.com/watch?v=zIBNBjjS2vc&feature=youtu.be.

This morning, our CEO Mike Wall updated the hospital family and the Antelope Valley community at large on that financial plan, which we have been working toward a June 30 deadline to implement. We have decided to adjust the timeline to allow ample time for discussions with the collective bargaining units. In accordance with our organizational values, we will continue to meet-and-confer with union representatives over the next 2-3 weeks. Once those meeting are complete, employees will be notified.

The ultimate goal is to continue providing top quality care while laying the foundation for a stronger Antelope Valley Medical Center.

Posted video link is https://www.youtube.com/watch?v=6I1bnIfoVKU&feature=youtu.be