Washington Regional Medical Center in Fayetteville, Ark., is cutting the pay of about 2,000 of its employee by around 3 percent instead of cutting up to 70 jobs, according to a report from the Arkansas Democrat Gazette.
Compensation Issues
Denville, N.J.-based Saint Clare's Health Systems is implementing a comprehensive financial improvement plan that will include job and spending cuts, according a news release made by the system.
Eastern Maine Medical Center (EMMC) in Bangor is eliminating 76 positions, 24 of which are occupied, as the organization endeavors to reduce operating costs, according to a memo sent to EMMC employees.
Citing the "troubled economy," Omaha, Neb.-based Alegent Health has announced that it has reduced its management team by 40 positions, or 10 percent, and eliminated seven vice president positions, according to a news release from the organization.
An Alabama Hospital Association survey reveals the effects of declining patient volumes, spiking interest rates on debt and increasing charity care on the state’s healthcare facilities, according to the Associated Press.
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Wyoming Valley Health Care System (WVHCS), which runs Wilkes-Barre General Hospital in Wilkes-Barre, Pa., cut several positions this week and halted internal construction, according to the Times Leader report.
Mount Carmel Health System in Columbus, Ohio, will eliminate 300 jobs by the end of February, according to Business First of Columbus.
Uniontown (Pa.) Hospital has released a letter stating the hospital's plans to reduce full-time positions and freeze wages, according to the Herald Standard.
Several hospitals in the Phoenix area are enacting cost-saving measures as they attempt to remain financial stable during this challenging economic climate, according to The Arizona Republic.
Cascade Healthcare Community (CHC) in Bend, Ore., has enacted an expense management plan that aims to reduce the organization’s labor expenses by 5 percent, according to a press release from CHC.