Posted on 07/18/2013 9:20:38 PM PDT by FreeAtlanta
Vanderbilt University Medical Center plans to cut its workforce by more than 1,000 employees within the next two years, The Tennessean reports, citing people familiar with the center's plans.
Some of the cuts are expected to come by offering early retirement options.
Vanderbilt University Medical Center is targeting $250 million in budget savings over the same time period, or about 8 percent of current expenses, according to The Tennessean.
"It is clear that we must embark on a comprehensive effort that is immediate, achievable, proactive and ensures success over a multiyear period, while the health care and biomedical science economies we live in reshuffle into a 'new normal,' " Vice Chancellor of Health Affairs Dr. Jeff Balser said in a memo to staff, according to The Tennessean.
Are they going to also cut back on free non - citizen birthing ???
Summed up...we oughta have picked our own cotton...
Hospitals all over the country have been laying off by the dozens the last two or three years, but these megalayoffs are the start of a new chapter. St Vincent’s Healthcare System in Indiana is going to furlough about 900.
I’ve been saying that for around 20 years. I was part owner of a consulting business, so I really saw the full impact of tax withholdings on that side. And my wife was doing 1099 work rotating among 3-4 companies at various times of the year, so we were making quarterly estimated tax payments on her income.
Between those two things, it really made an impact on how much was going to the FedGov that you just don’t get with payroll withholding.
It is my belief that if there were no payroll withholding, and everyone had to make quarterly estimated payments, we would see a tax revolt.
The folks that actually write the check to US Treasury know what you’re talking about.
Bellevue? More like this ain’t Antioch!
Yes.
I meant the gritty NYC hospital
nothing against the westest of west ends
it really is culture when you come right down to it....
there has been a deterioration in their culture and it has resulted in deterioration of their intellect as well...its a downward spiral...
maybe it was the LBJ enslavement mentality that did it...
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