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801. Only 12% of CFOs expect to cut, defer digital transformation spending: survey
... are using virtual health, 73 percent are focusing on creating highly patient positive experiences, and 54 percent are implementing layoffs and process changes. More articles on digital transformation: ...08 June 2020 -
802. 'We plan and prepare for disruptions': How IU Health is getting through the pandemic without layoffs or pay cut
Despite a financial hit from the COVID-19 pandemic, Indianapolis-based Indiana University Health has made a commitment to no layoffs or salary cuts for its 34,000 employees. In the first quarter of ...08 June 2020 -
803. Record number of healthcare workers laid off, furloughed during pandemic
... Therefore, many hospitals have had to prioritize cost reduction, including layoffs and furloughs. As of May 28, at least 266 hospitals had furloughed staff to remain financially stable during the pandemic, ...05 June 2020 -
804. ThedaCare execs take pay cuts to offset COVID-19 losses
... include mass layoffs or pay reductions for staff who are not in leadership. More articles on compensation: UHS execs take pay cuts to support employee assistance fund What 20 healthcare CEOs earned ...05 June 2020 -
805. Pharma layoffs slow as companies respond to COVID-19 pandemic
The rate of layoffs in the U.S. pharmaceutical industry has slowed, with just 32 jobs cut in May compared to 360 last May, according to data from executive outplacement firm Challenger Gray & Christmas. ...04 June 2020 -
806. North Dakota health system lays off 167 workers due to pandemic
... challenges tied to the COVID-19 pandemic. Altru paused construction on a new hospital, rolled back staffing hours and cut executive pay by 30 percent before resorting to layoffs, according to the report. ...02 June 2020 -
807. Essentia employees protest 900 layoffs
... Tribune June 1 that the union opposes any layoffs, "especially since the [COVID-19] surge hasn't hit our area yet." Ms. Hughes said the layoffs will affect more than the targeted 300 union members in the ...02 June 2020 -
808. 'We're keeping our team together': Mississippi hospital rejects layoffs
... Memorial said it will closely monitor patient volume and adjust budgets if necessary, but layoffs will not be part of the adjustments. "We're keeping our team together and have no plans to reduce staff," ...02 June 2020 -
809. U of Mississippi Medical Center lays off 250, cuts exec pay to offset COVID-19 losses
... to the layoffs, UMMC has cut executive leadership pay by 15 percent. The salary reductions kicked in May 1. It is also reducing salaries for faculty and staff earning more than $100,000 per year by 10 ...28 May 2020 -
810. Beth Israel physicians: Hospitals are paid wrong, and it's leading to financial ruin
Despite federal assistance and news reports of full emergency rooms, hospitals are losing more than $50 billion a month, and issuing furloughs and layoffs to offset some of the deficit. There are many ...27 May 2020 -
811. Baylor Scott & White to grow digital capabilities amid pandemic layoffs, pay cuts
Jim Hinton, CEO of Dallas-based Baylor Scott & White Health, issued a statement that the system is laying off 1,200 employees and enacting executive pay cuts as a result of financial pressure caused by ...27 May 2020 -
812. Nurses seek raises, plan protests; HCA asks union to forgo pay hike to avoid layoffs
... represents more than 150,000 registered nurses in hundreds of U.S. hospitals, said members contend Nashville, Tenn.-based HCA is demanding a unilateral, undetermined number of layoffs, pay freezes and ...27 May 2020 -
813. Baylor Scott & White to lay off 1,200 workers, furlough others
... according to The Dallas Morning News. Those affected by the layoffs will be told this week and paid through June 7, a spokesperson told The Dallas Morning News. In addition to the layoffs, Baylor ...26 May 2020 -
814. June 2020 Issue of Becker's Hospital Revie
... of public U.S. companies have adjusted their salaries as pay cuts, furloughs or layoffs affect non-managerial workers amid the coronavirus pandemic. Leaders who do not reduce their base pay, defer salary, ...26 May 2020 -
815. More companies center cost-cutting strategies on 'shared pain' than in past downturn
The corporate impulse to reduce salaries, especially at senior levels, to avoid layoffs is more widespread compared to the last recession, according to The New York Times. "What we're seeing this time ...26 May 2020 -
816. My kids or my job? Reopening efforts can complicate life for working mothers
... expensive, according to a Center for American Progress analysis. Compounding this fact is the reality that pandemic-related layoffs are already hitting women harder than men. Remote-working parents ...22 May 2020 -
817. HCA asks union to abandon wage increases this year
... HCA is demanding that the union choose between an undetermined number of layoffs and no 401(k) match for this year or no layoffs and no nurse pay increases for the rest of the year, according to ABC affiliate Kiii ...21 May 2020 -
818. Essentia Health lays off 900 employees
... MD, said in a news release. "This has prompted our leadership team to carefully consider the most difficult decision we've faced since I joined Essentia five years ago and move forward with permanent layoffs." ...21 May 2020 -
819. 10 physician specialties that generate the most revenue for hospitals
... and physician groups to implement cost-cutting measures, including furloughs and layoffs. The amount of revenue physicians generate for hospitals varies across specialties, but the COVID-19 pandemic ...21 May 2020 -
820. Florida's Mount Sinai Medical Center cuts nearly 1,000 job
... workforce reductions affected employees in nonclinical positions, including revenue cycle management staff. The furloughs reduced payroll by $3 million in April and the layoffs are expected to save the ...20 May 2020