Favorite

St. Vincent lays off employees 

St. Vincent Health System, in its effort to trim $12 million from its budget, laid off 29 employees last Thursday and Friday, CEO and President Peter Banko confirmed Tuesday. The 29 were in addition to another 21 who left in November. Banko said none of those laid off were involved in patient care.

The layoffs accounted for about $2.5 million in the cuts; the remainder will come from changes in clinical care, patient length of stay and employed physicians, who are being scrutinized for efficiency and productivity. Banko called the cuts "precautionary," thanks to uncertainty in Medicaid expansion in Arkansas and the "fiscal cliff" cuts that threaten to reduce federal dollars to hospitals.

Favorite

Comments

Subscribe to this thread:

Add a comment

Most Shared

  • The museum of yet to come at the University of Arkansas

    At the McMillon Family Retail Innovation and Technology Lab, students and faculty are creating a space that will give both visitors and companies a vital glimpse of the stores, products and consumer habits of the future.

Latest in

  • All in the family

    Old habits die hard. We may have a new Republican majority in the legislature, but like the old Democratic majority, it still doesn't hurt to have a lawmaker spouse to land a part-time job during the legislative session.
    • Jan 30, 2013
  • 'Circuit breaker' legal

    When we first asked Gov. Mike Beebe about the "circuit breaker" idea out of Arizona (automatically opting out of Medicaid expansion if the feds reduce the matching rates in the future), he said it was fine but noted that states can already opt out at any time, an assurance he got in writing from the feds.
    • Jan 30, 2013
  • Church goes to school in Conway

    An interesting controversy is brewing in Conway Public Schools, periodically a scene of discord as more liberal constituents object to the heavy dose of religion that powerful local churches have tried to inject into the schools, particularly in sex education short on science and long on abstinence.
    • Jan 23, 2013
  • More »

Event Calendar

« »

May

S M T W T F S
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31  

Most Recent Comments

 

© 2016 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation