HR Roundup: Hospital Layoffs Are Full of Excuses
These budget cuts and layoffs aren't holding back hospitals and health systems from making investments in other areas, such as mergers and acquisitions or facility upgrades. At the same time that Cleveland Clinic is cutting $330 million, it has formed a tentative deal with Community Health Systems to acquire Akron General Health System.
As the Clinic's spokesperson told the Akron Beacon Journal, "This can't all be about cost-cutting. We have to grow."
Here's a shortlist of related articles this week:
- CEO says fewer inpatients, fed funds prompted layoffs at Taos hospital
- Summa reportedly notifies employees of layoffs
- IU Health cuts 800 jobs despite profit rise
- PRMC announces 58 layoffs; 130 tendered buyout offers
- Barnabas Health lays off employees, cites healthcare reform
- Vanderbilt University Medical Center cutting several hundred more jobs
Who is roaming your hallways?
Three stories were in the news last week about hospital workers, and wannabes, behaving badly. This kind of news makes patients nervous about who is treating them, and wonder who is in charge.
A lawsuit filed in 2011 by former employees, released in federal court last week, accused leadership at Vanderbilt University Medical Center of committing Medicare fraud for decades.
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- New G-Codes to Pay Doctors for Broad Array of Non-Face-to-Face Care
- Telehealth Improves Patient Care in ICUs
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- States Rejecting Medicaid Expansion Forgo Billions in Federal Funds
- Douglas Hawthorne—A Chance to Do Something Big
- Hospital M&A Volume Up, Value Down in 3Q
- Scary Financial Challenges for 2014
- LifePoint Bolsters Presence in Michigan's Upper Peninsula
- Small Doesn't Mean Doomed