Hospital Layoffs Point To Growing Problem For Health Care
| By Jim Doyle, St. Louis Post-Dispatch |
Similar layoffs are occurring at hospitals in
Health care experts attribute the job reductions to a raft of potential economic hardships that hospitals will face as the Affordable Care Act is implemented, along with other financial pressures on health systems nationwide.
"A lot of health care organizations are scrambling to cope with lower revenue. ... It's a time of enormous turmoil for hospitals," said
"I think hospitals need to give more thought to how they reconfigure their business models to adjust to these changes, and if they're not willing to do anything different, than they are going to have to lay off more staff," he said. "They need to be thinking more comprehensively about their approach to care: how they can keep people out of hospitals and, when they are hospitalized, how to discharge patients so they remain out of the hospital."
Abrams, a co-founder of
"For many decades, physicians have been independent operators within the hospital environment -- largely free to do what they do best," Abrams said. "That's changing because more physicians are employed (by hospitals), and hospitals can't afford to have physicians do just what they want with their patients."
The federal
She said those layoffs -- which include 24 employees at
BJC is not alone.
Also last week,
Since the beginning of the year, health systems have been hit with reductions in
Lipstein said that BJC and many health systems across the nation experienced a 2 to 3 percent downturn in
Meanwhile, the
Lipstein said that BJC has attempted to boost its revenue through more efficient billing and collections as well as to lower its costs through employee attrition, better management of medical supplies, more efficient use of information technologies and streamlining its administrative expenses.
"We are working continuously to make health care better," he said. "We want our health care system to be more patient-centric, where people have the knowledge and information to participate in their own health care decisions as a partner in their health care.
"We will always consider layoffs a last resort," he said, adding that any future BJC layoffs will depend largely on actions by state and federal government. "For us, these are our colleagues, our employees, our friends. This is very unusual for us."
With high deductibles of
Government cuts and reduced consumer spending is only part of the story. Hospitals are still coping with legions of uninsured patients.
"We are receiving reduced payments from
Nonetheless, SSM has avoided layoffs.
"We're always looking for ways to eliminate waste," said SSM spokeswoman
Hospitals are facing
"That ramp-up for
"The market is soft: lower inpatient volumes, increased charity care, reduced reimbursement from government payers," Ferman-Grothe said. "We are hiring, but only very critical positions ...
"We did a lot of work in the last few months to flex with patient volume and eliminate the need for (job) reductions," she said. "We're a very close-knit family, so this hurts."
___
(c)2013 the St. Louis Post-Dispatch
Visit the St. Louis Post-Dispatch at www.stltoday.com
Distributed by MCT Information Services
| Source: | McClatchy-Tribune Information Services |
| Wordcount: | 1129 |


Modern Families And Money
Advisor News
- Are families ready for the costs of aging at home?
- When a client moves, their insurance plan needs to move, too
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Giving while you’re living: 3 frequently asked questions about gifting
More Advisor NewsAnnuity News
- MassMutual Enhances Permanent Life Insurance Portfolio With Launch of Whole Life Guard 10 Pay and Whole Life 95
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
More Annuity NewsHealth/Employee Benefits News
Property and Casualty News
- A record-quiet hurricane season: what it means for property insurance
- Is travel insurance useless in a crisis? Read the fine print
- State Farm raising Illinois homeowners insurance rates by 8%
- Today’s consumers have ‘zero tolerance’ for slow claims payouts
- WARREN, HAWLEY PRESS HOME AND AUTO INSURERS ON SURGE IN CLAIMS RESOLVED WITHOUT PAYMENT
More Property and Casualty News