Hospitals cutting payrolls to cope with hard times – Rome News-Tribune: Business

18
Dec

Hospitals cutting payrolls to cope with hard times – Rome News-Tribune: Business

A recent series of job cuts shows that tough financial times remain for the state’s hospitals – and may get worse next year, experts say.

The biggest cuts have come in two hospital systems in Columbus.

Columbus Regional Health eliminated 219 positions in a cost-reduction move in November. The cuts came after a $17 million operating loss in fiscal 2013 and a similar loss in fiscal 2014, the Columbus Ledger-Enquirer reported. The job cuts included 99 terminations.

Later in the month, St. Francis Hospital, also in Columbus, eliminated 65 filled positions and 15 vacant positions while grappling with a $30 million accounting inaccuracy it discovered in October.

And last Friday, 23 employees of Newton Medical Center in Covington were affected by staff cuts, the Rockdale Citizen reported.

The layoffs are not at the level that Georgia hospitals pursued during the depths of the recession. And they may be partly a sign of necessary belt-tightening during difficult times.

via Hospitals cutting payrolls to cope with hard times – Rome News-Tribune: Business.

Comments ( 0 )