A Closer Look is a new publication aimed to provide a deeper look into some of the issues important to Swedish and our employees. As Swedish and SEIU are involved in contract negotiations around wages, benefits and other issues for RNs, technical staff and service workers, it is important to provide more in-depth information about some of the issues and topics that are surfacing as a result of negotiations.
Swedish, along with other organizations, is facing some of the toughest economic times in recent history. The perfect storm of the recession and healthcare reform have redefined our financial environment for the foreseeable future to be our “New Normal.” As a result, Swedish needs to find $200 million in savings over the next three years. The business decisions we will make as well as our SEIU contract proposals across all areas reflect this “New Normal” and its impact on our ability to remain financially stable.
We have received many questions regarding our new Issaquah hospital, especially how it fits into our future and how we paid for it.