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1. 23 hospitals, health systems cutting jobs
A number of hospitals and health systems are reducing their workforces or jobs due to financial and operational challenges. Below are workforce reduction efforts or job eliminations announced this ...19 January 2024 -
2. Pay cuts continue in the C-suite
... study cited by WSJ of CEO pay at 300 of the largest U.S. public companies from Korn Ferry. Hospitals and health systems that have reduced executive pay include Billings (Mont.) Clinic and University ...24 July 2023 -
3. Stay nimble and surround yourself with talent: The pandemic lessons that stuck with CEOs 3 years later
It's been three years since COVID-19 crept across the U.S., with the World Health Organization declaring the virus outbreak a pandemic in March 2020. Though the early days of the pandemic are over, hospital ...22 March 2023 -
4. Ochsner HR exec: Creating gender parity in leadership crucial to tackling workforce challenges
... Hospital Review caught up with Ms. Schiro to discuss barriers women often face when advancing to senior leadership roles, what her organization is doing to close the gender gap, and why closing that gap ...02 August 2022 -
5. 2.5 million women left the US workforce during the COVID-19 pandemic
... who have left the nation's workforce a "national emergency" that must be addressed, according to the report. To read the full article, click here. More articles on workforce: New York hospital ...19 February 2021 -
6. What 14 hospital CFOs told Becker's in 2020
Hospital and health system CFOs have navigated many changes and challenges in the healthcare industry in 2020, many of which were related to the COVID-19 pandemic. This year, dozens of finance leaders ...21 December 2020 -
7. Baylor Scott & White to lay off 102 employees, outsource jobs to India
... report. A spokesperson for Baylor Scott & White told Becker's Hospital Review that the system will retain about two-thirds of its corporate finance department. "Our system is continuously looking for ...07 December 2020 -
8. Jefferson Health to cut 500 jobs, reduce executive pay
Philadelphia-based Jefferson Health is taking steps to reduce costs to help offset losses tied to the COVID-19 pandemic. The 14-hospital system plans to eliminate between 500 and 600 positions through ...13 October 2020 -
9. Mayo Clinic workers to recover pandemic-related salary cuts, get $1,000 bonuses
... in the memo, according to the Bulletin. More articles on compensation: Proposal provides additional $225 a month to hospital workers battling COVID-19 Navicent Health ups minimum wage to $10 Palomar ...22 September 2020 -
10. Mass Evictions Won’t Just Cause a Homelessness Crisis, But a Healthcare Crisis
... ED visits for our homeless populations by having the hospital “sponsor” a set number of respite beds in our homeless shelters which are reserved and filled by homeless hospital patients being discharged. ...15 September 2020 -
11. LifePoint received $1.5B in COVID-19 relief aid
... according to Bloomberg. The hospital operator received $941 million in loans from the federal government and $535 million in grants, which do not have to be repaid, according to an analysis by Bloomberg. ...14 September 2020 -
12. New York health system lays off 51 workers, faces $10M shortfall
Watertown, N.Y.-based Samaritan Health announced Sept. 8 that it has laid off 51 employees and will make other cost-cutting moves to offset financial strain linked to the COVID-19 pandemic, according to ...11 September 2020 -
13. 22 hospitals laying off furloughed workers
More than 260 hospitals in the U.S. furloughed workers this spring to help offset financial losses attributed to the COVID-19 pandemic. Now, several of those hospitals have been forced to lay off ...11 September 2020 -
14. Where furloughs stand at 93 hospitals, health systems
U.S. hospitals and health systems were forced to make cost reduction a priority this spring to offset decreases in patient volume, a ban on elective procedures and increased expenses due to the COVID-19 ...08 September 2020 -
15. 587 hospital CFOs, rev cycle leaders answer: How has the pandemic affected rev cycle?
Because of the COVID-19 pandemic, many hospital CFOs and revenue cycle leaders are dealing with erratic and unpredictable claim volumes, confusion over complex billing requirements and staffing issues, ...31 August 2020 -
16. Financial fallout from COVID-19: 38 hospitals laying off workers
The financial challenges caused by the COVID-19 pandemic have forced hundreds of hospitals across the nation to furlough, lay off or reduce pay for workers, and others have had to scale back services or ...24 August 2020 -
17. California hospital lays off 40 staff members
... occurred last week, mainly affect administrative and management positions, the hospital's CEO told the publication. Affected employees received severance packages and support from the company's employee ...18 August 2020 -
18. Five no-regret strategies health systems are employing for sustainable results
COVID-19 has placed enormous financial pressures on healthcare provider organizations. The American Hospital Association estimates American hospitals experienced losses totaling $202.6 billion from March ...17 August 2020 -
19. Financial fallout from COVID-19: 11 hospital layoffs, furloughs or closures
Due to financial challenges attributed to the COVID-19 pandemic, hospitals across the nation have implemented furloughs and layoffs, while others have been forced to close. U.S. hospitals are expected ...06 August 2020 -
20. Illinois health system lays off 10% of workforce
Citing financial challenges from the COVID-19 pandemic, Springfield, Ill.-based Hospital Sisters Health System plans to reduce its workforce by 10 percent, according to The Herald-Review. As of fiscal ...05 August 2020