Posted on 05/27/2020 5:36:04 PM PDT by fluorescence
After patient volumes sink up to 90% in some areas, the Dallas hospital system ‘must re-examine everything,’ says CEO.
Baylor Scott & White Health, the largest not-for-profit hospital system in Texas, will lay off roughly 1,200 employees, or almost 3% of its workforce, due to fallout from the coronavirus.
Baylor said it would also furlough an unspecified number of workers, leave open positions unfilled and cut the pay of about 300 senior leaders.
Furloughed employees, who are generally eligible for unemployment insurance, will continue to get company benefits and may be asked to return to the job eventually.
Like many providers, Baylor had beefed up for a potential surge in COVID-19 patients, spending $85 million to stockpile supplies, modify facilities and create virtual care options. At the same time, government officials suspended non-urgent surgeries and procedures in order to preserve medical equipment and hospital bed space. They also ordered most residents to stay home.
While the number of local COVID-19 cases has been lower than feared, the financial effects from the pandemic and the lockdown have been severe.
“We experienced a dramatic drop in patient volumes — between 50 and 90%, depending upon where they sought care,” Baylor CEO Jim Hinton told employees in a video message.
The company’s first instinct was to protect workers, he said, so it pledged to keep paying everyone through May. But that won’t be sustained beyond the first week of June, despite an improvement in business in the past several weeks.
Frontline workers who are delivering care to patients are largely unaffected by the layoffs, Hinton said in an interview. The furloughs are more mixed, including clinicians in areas with fewer patients at the moment.
...Health care lost over 1.4 million jobs from March to April, according to the U.S. Bureau of Labor Statistics.
(Excerpt) Read more at dallasnews.com ...
Done in by Fauci’s firm of Dewey, Cheatham, and Howe...
Government has crushed health care systems.
Fooled by Fauci, they overreacted instead of taking a wait and see approach and curtail as needed. The whole point was to keep beds open for the massive intake of covid patients.
“We’ve got to kill the health care system in order to save it.”
I think the word he's looking for is hoarding. Still can't find rubbing alcohol or N95 masks for the proles around here. The favored few want to make sure they have more than they need.
Univ. of Washington medical laid off 4,000 last week or sometime soon it was reported.
Too bad all of those China Flu patients overwhelmed their system.
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