Bend (Ore.) Memorial Clinic will cut 20 jobs and eliminate several specialty lines of services as it prepares for the shift from fee-for-service to value-based care, according to The Bulletin.
Here are four things to know about the cuts.
1. The job cuts will primarily affect nonclinical areas.
2. As far as service cuts, the clinic closed its anti-coagulation clinic this summer and plans to eliminate neurology, wound care and occupational medicine services, BMC CEO David Holloway, MD, confirmed to The Bulletin. The move is expected to push more of the clinic's resources into primary care.
3. Commenting on the proposed cuts, Dr. Holloway said: "This is part of a gradual strategic alignment, eliminating certain services which will free up resources to do the things we think will strengthen us in the future. We tried to look not necessarily at money losers, but services that are provided elsewhere in the community. Do we need to be the ones providing them?"
4. After the cost-cutting and layoffs, BMC leaders estimate the clinic will break even or post a small profit in 2016, according to the report. Dr. Holloway told The Bulletin BMC has turned profits in recent years, with the exception of 2015, when the clinic made major investments in a new EHR system.