Springfield, Massachusetts-based Baystate Health, a non-profit integrated healthcare system, has implemented a system-wide strategic planning and restructuring process.
The restructuring will impact 134 employees, primarily in leadership roles.
Per a company statement, “We know these transitions heartfeltly impact our people and their families. We are working to find alternate positions for those whose roles were eliminated, and eligible team members who are not transitioned to another position in our organization will receive severance pay and other job support, including access to career transition services.”
According to newly appointed President and CEO (June 2024) Peter Banko, "We are leaving no stone unturned in pursuit of corporate overhead, external spend, revenue cycle, clinical access and throughput, workforce management and strategic growth improvement levers. We are firmly committed to ensuring that our physicians, nurses, and clinical teams have the support to deliver the high-quality, safe care that Baystate is known for and our patients expect. Outside of implementing our new operating model, no other restructuring has been finalized.
We are significantly decreasing management ... layers to improve efficiency, reduce costs without impacting bedside care, streamline decision-making, and better enable our caregivers. While some of the impacted positions are currently vacant and will no longer be filled, there are leaders leaving Baystate.”
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 terrible 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. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?