Hartford Business Journal

March 18, 2019 — Women in Business Awards

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www.HartfordBusiness.com • March 18, 2019 • Hartford Business Journal 3 Newsmakers EDITORIAL Greg Bordonaro | Editor, ext. 139, gbordonaro@HartfordBusiness.com Gregory Seay | News Editor, ext. 144, gseay@HartfordBusiness.com Matt Pilon | News Editor, ext. 143, mpilon@HartfordBusiness.com Sean Teehan | Staff Writer, ext 145, steehan@hartfordbusiness.com Joe Cooper | Web Editor, ext. 127, jcooper@HartfordBusiness.com Stephanie Meagher | Research Director Heide Martin | Research Assistant Steve Laschever | Photographer BUSINESS Christopher Santilli | Publisher, ext. 124, csantilli@HartfordBusiness.com Donna Collins | Associate Publisher, ext. 121, dcollins@HartfordBusiness.com Lauren Stroud | Events & Project Manager, ext. 137, lstroud@HartfordBusiness.com Christina Zuraw | Events Coordinator, ext. 134, czuraw@hartfordbusiness.com Shannon Vincelette | HBJ Office and Events Coordinator, ext. 122, svincelette@hartfordbusiness.com David Hartley | Sr. Accounts Manager, ext. 130, dhartley@HartfordBusiness.com Kristen P. Nickerson | Sr. Accounts Manager, ext. 133, knickerson@HartfordBusiness.com Raki Zwiebel | Credit and Collections Manager Valerie Clark | Accounting Assistant/Office Manager Jill Coran | Human Resources Manager PRODUCTION Christopher Wallace | Art Director, ext. 147, cwallace@HartfordBusiness.com Liz Saltzman | Creative Director, ext. 140, lsaltzman@HartfordBusiness.com Peter Stanton | CEO, pstanton@nebusinessmedia.com Joseph Zwiebel | President, ext. 132, jzwiebel@HartfordBusiness.com Mary Rogers | COO/CFO, mrogers@nebusinessmedia.com SUBSCRIPTIONS: Annual subscriptions are $84.95. To subscribe, visit HartfordBusiness.com, email hartfordbusiness@cambeywest.com, or call (845) 267-3008. ADVERTISING: For advertising information, please call (860) 236-9998.Please address all correspondence to: Hartford Business Journal, 15 Lewis Street, Suite 200, Hart ford CT 06103. NEWS DEPARTMENT: If you have a news item: Call us at (860) 236-9998, fax us at (860) 570-2493, or e-mail us at news@HartfordBusiness.com. Hartford Business Journal accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. Hartford Business Journal (ISSN 1083-5245) is published weekly, 49x per year - including two special issues in November and December — by new England Business Media, LLC, 15 Lewis Street, Suite 200, Hartford, CT 06103. Periodicals postage paid at Hartford, CT and at additional entry points. Tel: (860) 236-9998 • Fax (860) 570-2493 Copyright 2019. All rights reserved. Postmaster: Please send address changes to: Hartford Business Journal P.O. Box 330, Congers, NY 10920-9894 www.copyright.com HartfordBusiness.com (860) 236-9998 Vincent Capece Jr. By Sean Teehan steehan@hartfordbuisness.com A mid a push across the state and much of the country, Middlesex Health last month raised the wages of its lowest-paid work- ers to $15 per hour. With this move, Vincent Capece Jr., president and CEO of the Middletown-based healthcare network, meant to "lead by example" on the minimum-wage issue. "Across the country, there is ongoing debate about whether minimum wage should be increased to help lower-wage employees make ends meet," Capece said. "All of our employees are very important mem- bers of our team, and we aren't waiting to act." But as issues impacting hospitals pile up in Hartford and Washington, D.C., Capece, like other hospital executives, will likely be weighing in on policies ranging from the state's hospital tax to the cost of care. Meanwhile, Capece has been overseeing an expansion of offerings at Middlesex, including the addition of more orthopedic services and the February opening of two new state-of-the-art or- thopedic operating rooms at Middlesex Hospital, representing a $3.2 million investment. What are the biggest issues currently facing Middlesex Hospital? The Connecticut hospital tax and the insufficien- cy of Medicaid and Medicare reimbursements are the most pressing issues we face. Finding innovative solutions that will enable hospitals to deliver high-quality, lower-cost health care is a challenge all hospitals are wrestling with. How will Gov. Ned Lamont's decision to continue taxing hospitals at current rates affect Middle- sex Hospital? The hospital tax has been very detrimental to all Connecticut hospitals because millions of dollars of scarce resources have been taken away from the provision of health care. Continuing to tax hospitals at the current rate would result in the governor and the legislature reneging on promised relief from this tax. How do you view hospitals' relationship with the Lamont administration? It is my hope that the hospital industry, the gov- ernor and the legislature can find a way to develop a productive partnership, which will benefit the health of our communities and the state's economy. Hospital pricing has become a flashpoint as some hospitals have been accused of charging exorbitant fees for procedures and drugs that are much cheaper other places. Do you think backlash is going to force reform? Hospital pricing is complicated. What may seem like exorbitant pricing is often a function of a broken healthcare system. More government regulation is not the answer. Middlesex has always sought to efficiently deliver health care through participation in the Value Care Alliance. We've been working to reduce costs, while improving the quality of care. VERBATIM Political sales pitch "Today, we're seeing interest from investors who not too long ago would never have invested in Hartford." Mayor Luke Bronin discussing during his State of the City address the momentum Hartford has experienced during his three years in office. He faces what's expected to be a tough re-election campaign this November. 860.871.1111 Toll Free: 800.741.6367 nemsi.com License #'s: E1-104939 • S1-302974 • P1-203519 • F1-10498 • SM1-192 • MC-1134 MECHANICAL • ELECTRICAL • PLUMBING • SHEET METAL • BUILDING AUTOMATION • FACILITIES SERVICES FACILITY SOLUTIONS…ONE SOURCE The company that builds and installs the critical systems in virtually every type of facility is the same company you can rely on to maintain them. For over 50 years, our clients have trusted us to deliver end-to-end facilities solutions, so they can focus on their core business. We design, install, maintain, and protect systems in: Industrial Facilities Manufacturing Facilities Commercial Facilities Higher Education Facilities Healthcare Facilities Pharmaceutical Facilities Vincent Capece Jr. President and CEO, Middlesex Health

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