Cleveland, Ohio-based St. Vincent Charity Medical Center, a regional medical center, has announced a reduction in force to respond to declining patient loads and reimbursement rates by ending traditional inpatient acute care. The hospital will transition to an outpatient health and wellness campus to serve the community.
The reduction in force will impact 978 workers, including 446 full-time workers, 264 part-time workers, and 268 temporary workers. Acute services will cease in mid-November 2022.
According to a spokesperson, "This extremely difficult decision is being made with deep respect and gratitude for our caregivers, and we regret the direct impact this decision will have on those individuals. Significant efforts were made to find a sustainable model. Unfortunately, the Covid pandemic, the changing health care landscape, and declining inpatient volumes have led to significant financial challenges that became impossible to overcome."
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?