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

  • Architecture lecture: Sheila Kennedy on "soft" design

    Sheila Kennedy, a professor of architecture at the Massachusetts Institute of Technology and founder of Kennedy & Violich Architecture Ltd., will give the June Freeman lecture tonight at the Arkansas Arts Center, part of the Architecture + Design Network series at the Arkansas Arts Center.
  • UPDATE: Campus carry bill amended by Senate to require training

    The Senate this morning added an amendment to Rep. Charlie Collins campus carry bill that incorporates the effort denied in committee yesterday to require a 16-hour additional training period before university staff members with concealed carry permits may take the weapons on campus.
  • Director to resign from state court administrative office

    Supreme Court Chief Justice John Dan Kemp announced today the resignation of J.D. Gingerich, long-time director of the administrative office of the courts.
  • UA's Walton School eyes downtown location for executive ed program

    The Walton College of Business is working to expand its executive education by opening an office in downtown Little Rock that would offer non-degree programs to the health, banking and finance and retail industries in Central Arkansas, the school confirmed today.
  • Cotton seeks friendlies for town hall

    Is Tom Cotton working to pack his town hall Wednesday in Springdale with fans. So says one source.

Latest in The Insider

  • 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 »

Visit Arkansas

New Crystal Bridges exhibit explores Mexican-American border

New Crystal Bridges exhibit explores Mexican-American border

Border Cantos is a timely, new and free exhibit now on view at Crystal Bridges.

Event Calendar

« »

February

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  

Most Recent Comments

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation