This is huge. Going to be President of Harvard-Pilgrim. Not good for Worcester.
WRRB/Telegram District City Council Forum 10/18
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This forum is for all district council candidates; all candidates are here
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candida...
6 months ago
10 comments:
Bill,
With all due respect, why is his leaving Fallon huge for Worcester? Executives come and go all the time when you're at the CEO level. Life will go on for Fallon and Worcester.
Lots of rumors going around that Fallon has lost alot of money..
Also the rumor Medicare Advantage changes could hurt their bottom line as well.
Good move for Eric, but I am concerned about what this says about Fallon.. They could be ripe for a buy out.
Bill
If that's the case; wouldn't Harvard-Pilgrim be the likely buyer?
David:
My point exactly!!! This would be bad for Worcester. It would be like when UNUM bought Paul Revere.
Lets hope this is not the case, but I am afraid Fallon may be " in play".
Bill
I don't think that UNUM buying Paul Revere was necessarily a bad thing for Worcester. They still seem to be very bullish on Worcester and a very good corporate citizen of the city.
If Harvard-Pilgrim does buy Fallon, I'm sure Eric would be just as committed to Worcester while leading the combined company.
he was a good guy..little interaction I had with him re: Fallon Community Health Plan Canal Diggers 5Km...really in tune with the community
apples and oranges...but look at the lack of involvement with Village of Piedmont from nuevo VP at TD North on Park Ave compared to former VP Laurel Cipriani..night and day wouldn't you say Bill??
There may or may not be a difference Dave Z...good people go but are not always replaced with good people..just look at the demographics of this Big Town mate:>)
Pualie, dont you know that the demographics of Worc do not matter. All that really matters is how many new buildings go up on certain city councilor(s) watch(s).
Speaking of demographics, I just heard Howie say that Waltham is considering a change in the zoning ordinance that would allow one live chicken per household. And.....Who said something about a chicken in every pot??
In Lawrence they used to say nuttin' like a roast dog in every bathtub and kitchen cabinets with doors removed and replaced with chicken wire in every apt.
I have to wonder if Fallon is having issues competing with 3 other hospitals in Worc that are basically state gov't run institutions that pay above what Fallon can afford plus the 80% pension that follows employees like the nurses who are making $106,000 per yr for 3 day, 36 hour work weeks. Even a tad more if you're a 4 day/40 hour per week nurse.
So again I ask, how's the agreement in principle coming with UNUM/City Sq. that I read about 2-3times last fall.
Did I read today that Lincoln Sq. is a nat'l park site? I think Geo. Washington got l++d on Lincoln St near Frederick St. & then passed through Shrewsbury Center on his way to Lexington & Concord. Check out the signage (Wayfarer?)...see if my memory is correct.
Speaking of Geo Washington, I thought when UNUM bot Paul Revere that they moved a lotta back room operations to Chattanooga, TN. and then "outsourced" the employee sales force to independent contractor status......possibly resulting in a suit brought against them?
And what happens if/when UNUM vacates the Chestnut St/Lancaster St facility to City Sq? We already got a courthouse sitting emtpy in that gen'l area.
Jahn Paul Jones,
I think you have "Fallon" confused with Fallon Community Health Plan, the health insurer that the news is talking about losing its CEO. They do not have nurses on 36 hr work weeks. You're talking about Fallon Clinic. They're completely separate from the health plan now.
Anonymous, I did not know that Fallon Clinic and Fallon Insurance were separate entities.
What I was trying to say was that anyone providing health care services in Worc (Fallon Clinic I guess?) has to compete for employees with the likes of 3 large Umass hospitals here in Worc which hospitals are subisidized to one extent or another by the state . As a result they can afford to pay their employees more than other area health care facilities have to compete for employees against this and in so doing may get financilly strained. Competing w/the gub'mint can be dangerous to ones financial health.
Carrying this a step further, if the Fallon Plan is writing coverage for people using these more expensive state run hospitals, the premiums to their customers would also have to be correspondingly higher.
Yes, they're separate and have been for more than a decade. But the Fallon name is so ingrained in Worcester, that it's a hard habit to break, so to speak, for calling them the same.
Medical costs make up a lot of the premium increases, I'm sure, but there's so much more that does too -- prescription drug increases, government regulations, but also consumer spending. When the uninsured use health care it comes from a pool that is paid for by those of us that do have insurance. A real lack of education is missing in the realm of health care and how people get it -- but I think a lot is not fully disclosed, either.
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