Hospitals turn to job cuts amid budgetary woes

Source: Paige Minemyer, Fierce Healthcare, May 1, 2017

Squeezed budgets and regulatory uncertainty are pushing a number of hospitals across the country to cut back on staff.

One of the largest reductions in staff is taking place at Brigham and Women’s Hospital in Boston, which last week announced plans to offer buyouts to 1,600 employees. The reason for the trouble: flat reimbursement and rising operating costs.

And it’s a problem felt across the country, STAT reports. Financial woes have already led Catholic Health Initiatives to slash 900 positions through layoffs and buyouts, STAT reports, and The University of Texas MD Anderson Cancer Care Center to cut 1,000 jobs.

In recent weeks layoffs have been announced at organizations in New York City, California, Minnesota and Rhode Island:
• Organizational restructuring” at NYC Health + Hospitals could lead to the loss of more than 600 jobs across the system’s 11 acute care facilities, according to a report from the New York Post.
• Hennepin County Medical Center in Minneapolis will cut 130 positions, or 2% of its full time staff, according to the STAT article.
• Riverside Community Hospital in California will layoff 42 employees amid a $400 million expansion, the Press-Enterprise reports. In addition to the job cuts, Riverside will close its cardiac rehab center and its ambulatory services unit.
• Care New England Health System, the second largest health system in Rhode Island, which recently announced a merger with Partners HealthCare, revealed that it will begin a “wide array” of layoffs at its flagship hospital, Women and Infants Hospital, reports the the Providence Journal. Though leaders at the facility would not confirm how many layoffs were planned, they said that both clinical and non-clinical positions would be affected…..