For the first time in its nearly 100-year history, Orlando Health is reducing its workforce by up to 400 positions starting immediately, hospital officials announced this morning.
The elimination of 300 to 400 jobs will occur in two phases, and represents a 2- to 3-percent decrease in the system’s 16,000 employees, said Orlando Health spokeswoman Kena Lewis. The reductions affect all departments and all eight of its hospitals, including Orlando Regional Medical Center and Arnold Palmer Hospital for Children.
The first wave of employees affected by the “labor expense reduction” portion of the initiative received their notices Friday, said Lewis. The next wave of downsizing will happen after the first of the year.
That’s nothing.
[blockquote]WINSTON-SALEM (AP) — Wake Forest Baptist Medical Center will lay off 76 employees this week and cut a total of 950 jobs by the end of next June, the center’s chief executive said today.
Dr. John McConnell said most of the cuts are administrative positions, but some faculty members could lose their jobs due to cuts in federal research funding. He also said 2012-13 revenue is being affected by “deep cuts in Medicare and Medicaid payments, which constitute nearly half of our health-care reimbursements.”[/blockquote]
http://www.news-record.com/content/2012/11/14/article/wake_forest_baptist_medical_center_to_lay_off_475_full_time_employees
You spend colossal sums of money on health already in the US. Isn’t there enough largesse to employ everybody who wants a job in healthcare? I know that sounds sarky, but what I mean is that the sums involved are so huge that the mind boggles at cut-backs being necessary. Where does it all go?
Has anyone done an analysis of the amount of money otherwise available for healthcare that is going to be sucked by up by the mammoth health bureaucracy that is created by Obamacare?
My daughter applied for and didn’t get a job at Baptist in Winston-Salem. Now she’s glad it didn’t come through.
Terry Tee, what Obamacare does is strip funding from the health entitlements, Medicare for the 65+ and Medicaid for the needy, to pay for subsidies for health insurance for other groups. As I understand it federal subsidies are to be paid in some cases to families earning as much as $90,000 annually, which is nobody’s definition of poverty. Along with federal requirements that various services must be “free,” there just isn’t enough money to pay for all this.