Allina (Page 4)

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In: Allina, Home, Nurses Strike, Press Releases

Contact: Rick Fuentes
(o) 651-414-2863
(c) 612-741-0662
rick.fuentes@mnnurses.org

Barbara Brady
(o) 651-414-2849
(c) 651-202-0845
barbara.brady@mnnurses.org

(St. Paul) – August 26, 2016 – Nurses represented by the Minnesota Nurses Association filed a 10-day notice of intent to strike with Allina Health Friday morning. Nurses will begin an open-ended Unfair Labor Practice strike beginning at 7 a.m. on Monday, September 5, Labor Day.

“Nurses sent a message to Allina again last week with an overwhelming vote to reject the employer’s latest offer and authorize a strike,” said MNA Executive Director Rose Roach. “Nurses are exercising the voice they have, and as of 6 a.m.
… Read more about: Press Release: MNA Nurses Set to Strike Allina Health on Labor Day  »

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In: Allina, Home, Hospitals, Nurses

By Mathew Keller

Integrity. Respect. Trust. Compassion. Stewardship. These are the core values of Allina Health. The Oxford dictionary defines integrity as “the quality of being honest and having strong moral principles; moral uprightness.” So why, then, does Allina continue to tell its nurses that it needs to shift $10 million in healthcare costs to them? In 1,664 pages of financial disclosures to the IRS and its bond investors from 2001–2014, Allina never once represents that it is anything but highly profitable, making a reported $1.3 billion dollars in net revenue over the past 6 years alone.
… Read more about: Allina Health Integrity and Irony  »

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In: Allina, Home, Nurses

By Mathew Keller

and Jordan Ash

We’ve seen that Allina is taking on more and more debt, $880 million in all. We’ve seen who benefits from that debt (hint: look to the Board). Today, we look into a particularly bad deal Allina made with UBS Securities and another big bank; a deal that led to losses in the tens of millions, a lawsuit; and the intervention of Minneapolis and Saint Paul.

Auction rate securities (ARS). They were popular back before the financial crisis, and the big banks loved them. Like most of the financial instruments that tanked in the recent recession, though, they’re completely made up.
… Read more about: Allina’s Bad Deals and Big Debts  »

board of directors

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In: Allina, Home, Nurses

By Mathew Keller

and

Jordan Ash

Allina is quickly racking up the amount of debt it carries, increasing its total obligation over the past ten years by 60 percent to $880 million. The magic question, however, is why Allina needs $880 million of debt. Why, if it is willing to spend such amounts on expansion and executive pay, is it so unwilling to invest in the healthcare of its nurses?­ As with all things big business, just follow the money.

Money which, in this case, leads directly to Piper Jaffray.  As you recall, Piper

Jaffray has had a huge hand in increasing Allina’s debt obligations, underwriting in conjunction with other banks $1.6 billion dollars in loans to the healthcare company since 1993.
… Read more about: Who is telling Allina to Mortgage the Future of Patient Care?  »

Allina big debt

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In: Activism, Allina, Home, Nurses

By

Mathew Keller and Jordan Ash

Allina Health claims it needs to take $10 million out of the pockets and healthcare of its nurses. The question is why, which begs a look at Allina’s finances. A check of Allina’s books, however, makes one question whether the company really is in good hands.

For starters, the amount Allina pays annually to big banks has grown to $60 million dollars a year. Allina’s current debt of $880 million dollars, in fact, represents a whopping 60 percent increase from just 10 years ago when Allina had $550 million in debt.
… Read more about: Allina’s Debt to Big Banks Increases by 60 Percent  »

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In: Allina, Home, Labor Unions, Nurses, Nurses Strike

By Megan Gavin

MNA Education Specialist

I opened a card last week that read, “Thank you so much for granting me hardship funds…without your generosity and assistance I don’t know how I’d get through. It is with heart-felt gratitude that I write to thank you all, for all you’ve continued to do throughout our difficult contract negotiations. Please know how grateful I truly am.” The sender continues with an anecdote about her personal experience and how these funds helped her, and I was in tears before finishing.

As MNA’s education specialist, I’ve been putting together workshops on the community resources for union members during a strike.
… Read more about: What can you get for $1.67 a month?  »

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In: Allina, Bargaining, Essentia, Home, Labor Unions, Legislative Policy, Politics

By Shannon Cunningham

Director of Governmental and Community Relations

It’d be great if we all could elect our own boss. And the boss’ boss. And the boss’ boss’ boss. A vote against is a vote to fire them. A yes vote is a vote to hire them. Most importantly, no vote at all signals that you just don’t care. Sound familiar? Maybe because we actually can do that now.

It’s why elections matter. Take Attorney General Laurie Swanson, for example. The Minnesota Nurses Association has had a longstanding great relationship with AG Swanson. We have worked with her extensively on issues, such as fair billing practices at hospitals and preventing a merger of Sanford Health and the University of Minnesota..
… Read more about: Politics & Contracts Go Together Like Peanut Butter and Jelly  »

On:
In: Allina, Bargaining, Home, Press Releases

For Immediate Release

Contact: Rick Fuentes
(o) 651-414-2863
(c) 612-741-0662
rick.fuentes@mnnurses.org

Barbara Brady
(o) 651-414-2849
(c) 651-202-0845
barbara.brady@mnnurses.org

(St. Paul) – August 1, 2016 – Contract negotiations ended today when nurses received another offer from Allina Health that eliminates all four of their contract health insurance plans. The nurses’ negotiations team will take the offer to the membership to vote to accept or reject later this month.

At the opening of today’s negotiations session, the nurse negotiating team re-submitted the proposal from July 22 that met the hospital company half-way by ending two of the four contract health insurance plans.
… Read more about: Press Release: Negotiations End as Allina Health Widens the Gap in Talks with Nurses  »

Allina Strike

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In: Allina, Bargaining, Home, Hospitals, Minnesota Nurses Association

By Mathew Keller RN, JD

Regulatory and Policy Nursing Specialist
“Magnet” status, a prestigious accreditation awarded by the American Nurses Credentialing Center (an arm of the American Nurses Association), is desired and sought after by hospitals across the country.  Only 6 percent of hospitals ever achieve it, however.  Magnet hospitals demonstrate excellence in patient care and nursing services and are expected to attain and retain top talent, improve care, ensure safety, develop nurse satisfaction, foster a collaborative culture, advance nursing standards and practice, and grow business and financial success.

At Magnet hospitals there is low nurse turnover and appropriate grievance resolution.
… Read more about: Does Abbott-Northwestern Stand to Lose its Magnet Status?  »

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In: Allina, Bargaining, Home, Hospitals, Labor Unions, Nurses, Unsafe Staffing

By Mary Turner

MNA President

 

When 5,000 Allina nurses went on strike for seven days last month, I spoke to so many who were determined but anxious. Would the public understand why they made the difficult decision to strike, rather than accept Allina’s demand that they give up their affordable healthcare? Would the public understand that they had to stand up to Allina when they refused to discuss our issues, including safe staffing and violence?

If you had a chance to be at one of the five picket lines during the strike, you know that the public definitely understood why nurses were outside.
… Read more about: Solidarity is Alive and Well  »