Blue Hill hospital buyout plan announced to avoid layoffs
Blue Hill Memorial Hospital has announced a buyout plan aimed at creating permanent budget reductions and avoiding layoffs, according to a news release from the hospital. The hospital is calling its initiative a "voluntary separation incentive plan," under which all employees can apply for the buyouts, but administrators may choose to deny some applications. BHMH used dire language in describing the need for the buyout program, saying the hospital "must be ready to embrace the changes on our doorsteps or face the consequences of failing to keep pace—which could mean an end to healthcare delivery as we know it on the peninsula."
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- CA Powers Up $80M HIE to 'Create Value in the Data'
- 3 Traits Personality Assessments Can't Reveal