UMass Memorial Health Care, comprised of five hospitals, will make the largest hospital cutback in Massachusetts this year by eliminating 350 jobs, according to a Boston Globe report.
The 1,125-bed healthcare system includes UMass Memorial Medical Center in Worchester; Clinton (Mass.) Hospital; HealthAlliance Hospital in Leominster and Fitchburg, Mass.; Marlborough (Mass.) Hospital and Wing Memorial Hospital in Palmer, Mass.
The system plans to lay off 130 workers, freeze 120 vacant jobs and cut the equivalent of 100 jobs by reducing overtime and switching full-time employees to part-time status. In total, 2.6 percent of the UMass workforce will be shed.
Unchanging patient volume combined with increasing pressure from health insurers has strained UMass, according to the report. It is predicted to post an operating gain of $50 million this year — a noticeable decrease from last year's $84 million.
Read the Boston Globe report on UMass Memorial Health Care's cutbacks.
Read more about UMass Memorial Health Care:
-Senior Director of UMass Hospital System Sentenced to Two Years in Prison for Embezzling $2.5M
-Massachusetts Cardiology Group Joins UMass Memorial
-UMass Memorial Medical Center in Worcester Names Jennifer Daley COO
The 1,125-bed healthcare system includes UMass Memorial Medical Center in Worchester; Clinton (Mass.) Hospital; HealthAlliance Hospital in Leominster and Fitchburg, Mass.; Marlborough (Mass.) Hospital and Wing Memorial Hospital in Palmer, Mass.
The system plans to lay off 130 workers, freeze 120 vacant jobs and cut the equivalent of 100 jobs by reducing overtime and switching full-time employees to part-time status. In total, 2.6 percent of the UMass workforce will be shed.
Unchanging patient volume combined with increasing pressure from health insurers has strained UMass, according to the report. It is predicted to post an operating gain of $50 million this year — a noticeable decrease from last year's $84 million.
Read the Boston Globe report on UMass Memorial Health Care's cutbacks.
Read more about UMass Memorial Health Care:
-Senior Director of UMass Hospital System Sentenced to Two Years in Prison for Embezzling $2.5M
-Massachusetts Cardiology Group Joins UMass Memorial
-UMass Memorial Medical Center in Worcester Names Jennifer Daley COO