Baystate Health needs to cut expenses and boost revenues by a combined $225 million over the next two years to regain its own financial health. And that’ll mean job cuts. "There is now way we could do a $225 million improvement plan without addressing the workforce," Peter D. Banko, the new CEO of Baystate Health, says. "We will impact people and their jobs over the course of the next year or so." Banko said it is too early in the restructuring to say how many jobs will be cut, or where in Baystate's 13,500-person work force layoffs will land. He is not planning to close facilities or discontinue medical services. He said he's not interested in selling any hospitals in the system."
In a social media landscape shaped by hashtags, algorithms, and viral posts, nurse leaders must decide: Will they let the narrative spiral, or can they adapt and join the conversation?
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