Cleveland, Ohio-based University Hospitals, an academic medical center and community hospital network operating in Northeast Ohio, has announced a major reduction in force.
The headcount reduction will impact 117 administrative employees and eliminate 326 unfilled positions.
According to a hospital statement, "University Hospitals, as well as a large number of other hospitals in the region and across the nation, is facing an economic downturn that began with a resurgence of COVID-19 cases earlier this year and has been compounded by several other factors, such as supply chain issues, record-high inflation, and an unprecedented workforce shortage. These have made 2022 one of the most financially difficult years for health systems in the U.S."
"Adding to these challenges are shifting demographics in Northeast Ohio, resulting in a higher percentage of patients on Medicare and Medicaid, federal insurance programs which have not kept pace with the rising costs of care. Although these actions are difficult, they will make UH stronger now and for decades to come in our continuing service to the community."
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?