METRO Presentation to Park BARGAINING Nicollet Methodist UPDATE - - PowerPoint PPT Presentation

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Mar 28, 2023 475 likes •558 views

Financial METRO Presentation to Park BARGAINING Nicollet Methodist UPDATE MNA Bargaining Context In 2010 MNA and Methodist had a very difficult set of negotiations MNA and Methodist successfully reached an agreement but Nurses made

SLIDE 1

METRO BARGAINING UPDATE

Financial Presentation to Park Nicollet Methodist

SLIDE 2

MNA Bargaining Context

In 2010 MNA and Methodist had a very difficult set of negotiations MNA and Methodist successfully reached an agreement but Nurses made significant sacrifices Since 2010 Methodist Financial Condition has substantially improved

SLIDE 3

NURSE WAGES FALL BEHIND: 2010-2018

4.00%
3.00%
2.00%
1.00%

0.00% 1.00% 2.00% 3.00% 4.00% 2010 2011 2012 2013 2014 2015 2016 2017 2018* Net Decrease Since 2010

MNA Nurse Metro COLA Increases vs Inflation

Inflation MNA contract Difference

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METHODIST’S REVENUES GROW

$514,528,388 $509,719,973 $526,216,875 $580,427,948 $622,389,346

$- $100,000,000 $200,000,000 $300,000,000 $400,000,000 $500,000,000 $600,000,000 $700,000,000

2013 2014 2015 2016 2017

Methodist Revenues, 2013-2017

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NURSES CONTRIBUTE TO THE FINANCIAL SUCCESS OF METHODIST

$40,937,010 $51,613,990 $62,281,524 $54,508,808 $53,992,147 $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 2013 2014 2015 2016 2017

Methodist Operating Income, 2013-2017

SLIDE 6

Our Expectations

MNA Nurses Desire to reach a fair an equitable agreement that:

1. Addresses the sacrifices they have made on behalf of the hospital 2. Recognizes the economic value of their work as professionals