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101. Workforce management in turbulent times
... demand can be used to efficiently redeploy or furlough resources that are underutilized due to the curtailment of nonessential services. However, the uncertainty of the demand for acute care services requires ...30 April 2020 -
102. Teamsters union targets Tenet CEO's pay package
... company's decision to furlough 10 percent of its workforce during the COVID-19 pandemic without reining in executive compensation. The Teamsters said it also is introducing a proposal to have independent ...30 April 2020 -
103. 10 COVID-19 updates for CIOs: Predictive modeling, telehealth investment and financial impact
... take action as revenue declines due to the pandemic. Rochester, Minn.-based Mayo Clinic said it will furlough or cut the hours of around 30,000 staff members to partially offset the $3 billion in losses ...29 April 2020 -
104. SSM Health to furlough 2,000 employees
To help minimize the financial hit from the COVID-19 pandemic, St. Louis-based SSM Health plans to furlough 2,000 employees and freeze executive compensation, according to the St. Louis Post-Dispatch. ...27 April 2020 -
105. Bonuses paid out to Denver Health execs 1 week after front-line workers asked to take unpaid leave
... being asked to take PTO, low census and furlough and they are looking to leadership to ensure we are also impacted by the pandemic. It would certainly send quite a message if we could report commitment ...27 April 2020 -
106. How to support employees during, after furloughs: 3 imperatives
Dozens of hospitals nationwide have decided to furlough employees as a result of lost revenue from suspending nonemergent procedures and other pandemic-related expenses. In an April 24 article for ...24 April 2020 -
107. HealthPartners to furlough 2,600; CEO to take 40% pay cut
HealthPartners will furlough 2,600 workers in an effort to help offset the financial hit from the COVID-19 pandemic, the seven-hospital system in Bloomington, Minn., said April 23. The furloughs, made ...24 April 2020 -
108. Mayo Clinic furloughs, cuts hours of 30,000 employees to help offset $3B in pandemic losses
Rochester, Minn.-based Mayo Clinic said it will furlough or cut the hours of about 30,000 staff members to help offset about $3 billion in losses incurred by the COVID-19 pandemic, according to The Post ...23 April 2020 -
109. Henry Ford Health to furlough 2,800 workers
Financial damage from the COVID-19 pandemic is forcing Detroit-based Henry Ford Health System to furlough 2,800 workers, the health system announced April 22. The six-hospital system decided to furlough ...23 April 2020 -
110. 1 in 5 physicians hit with pay cut or furlough due to COVID-19, survey says
About 1 in 5 physicians have experienced a furlough or pay cut during the COVID-19 pandemic, according to a new survey from physician recruiting firm Merritt Hawkins. The survey includes responses ...22 April 2020 -
111. 10 things for CIOs to know during the COVID-19 pandemic
... to furlough employees due to the financial strains of postponing elective procedures, although in some states governors will allow elective surgery to begin again in May. Ten things for CIOs to know: ...22 April 2020 -
112. Tower Health furloughs 1,000 workers amid dramatic revenue drop
Under financial pressure from the COVID-19 pandemic, Philadelphia-based Tower Health has furloughed at least 1,000 employees, according to The Philadelphia Inquirer. Tower Health implemented the furloughs, ...22 April 2020 -
113. Beaumont, Summa Health delay merger
... Beaumont also announced plans to permanently lay off 450 staff members, cut executive pay and furlough 2,475 workers due to the "dire" financial hit from the COVID-19 pandemic. Last week Beaumont reported ...21 April 2020 -
114. Beaumont Health to cut 450 positions, furlough 2,475 staffers
Southfield, Mich.-based Beaumont Health will permanently lay off 450 staff members, cut executive pay and furlough 2,475 workers due to the "dire" financial hit from the COVID-19 pandemic. Beaumont ...21 April 2020 -
115. Banner Health cuts exec pay, plans to furlough up to 7% of employees
Phoenix-based Banner Health on April 20 announced it is taking several actions in response to the COVID-19 pandemic, including executive pay cuts and redeploying and furloughing some staff. The health ...21 April 2020 -
116. Ochsner takes COVID-19 financial hit
... Ochsner is not planning to furlough or lay off employees, according to the report. Louisiana has been one of the 10 states hardest hit by the COVID-19 pandemic. The state had 24,523 confirmed cases ...20 April 2020 -
117. 900 furloughed MUSC employees to get insurance paid for by donations
... to the premiums during the furlough period, according to the report. "We are incredibly grateful for the generosity of these two amazing people and for what they have tangibly done to make a difference ...17 April 2020 -
118. 5 financial trends for CIOs to know during the pandemic
... to furlough workers as their financial situation changes. There are at least 140 hospitals and health systems that recently announced furloughs or layoffs of employees, focused on those that don't provide ...17 April 2020 -
119. Tenet furloughs 10% of staff; CEO donates to employee fund
Citing a decline in elective surgeries and other nonemergent procedures due to the COVID-19 pandemic, Dallas-based Tenet Healthcare has furloughed about 10 percent of its workforce of more than 113,000 to ...15 April 2020 -
120. Mayo Clinic projects $900M shortfall, implements cost-cutting measures
After reporting a record-setting $1 billion in operating income in 2019, Mayo Clinic predicts new systemwide pay cuts and furloughs won't stop the Rochester, Minn.-based health system from facing a $900 ...10 April 2020