Vanderbilt addresses concerns over medical center job cuts - KPLC 7 News, Lake Charles, Louisiana

Vanderbilt addresses concerns over medical center job cuts

Posted: Updated:
  • More Local NewsLocalMore>>

  • BP claim forms circulating in LC area

    BP claim forms circulating in LC area

    Tuesday, July 29 2014 8:42 PM EDT2014-07-30 00:42:19 GMT
    Over the last couple of weeks someone has been circulating so-called BP oil claim forms in the Lake Charles area. While man, if not most medical claims associated with the Deepwater Horizon oil spill have been settled, someone is holding meetings around the Lake area trying to get people to sign up. But they're not too forthcoming when it comes to saying who they are or who they represent. Last week there were crowds at Miss Street Church of Christ during various times of the day."People ther...More >>
    Over the last couple of weeks someone has been circulating so-called BP oil claim forms in the Lake Charles area. While man, if not most medical claims associated with the Deepwater Horizon oil spill have been settled, someone is holding meetings around the Lake area trying to get people to sign up. But they're not too forthcoming when it comes to saying who they are or who they represent. Last week there were crowds at Miss Street Church of Christ during various times of the day."People ther...More >>
  • CPSB conference encourages principals to lead schools well

    CPSB conference encourages principals to lead schools well

    Tuesday, July 29 2014 7:38 PM EDT2014-07-29 23:38:11 GMT
    Every issue in a school always comes down to leadership. That’s one of the main points being driven at this year’s Calcasieu Parish School Board Leadership Summit. More >>
    Every issue in a school always comes down to leadership. That’s one of the main points being driven at this year’s Calcasieu Parish School Board Leadership Summit. More >>
  • Fmr Louisiana Poet Laureate headed to Lake Charles

    Fmr Louisiana Poet Laureate headed to Lake Charles

    Tuesday, July 29 2014 6:37 PM EDT2014-07-29 22:37:41 GMT
    Former Louisiana Poet Laureate Darrell Bourque will present a reading of his recent work in Lake Charles on Thursday.More >>
    Former Louisiana Poet Laureate Darrell Bourque will present a reading of his recent work in Lake Charles on Thursday. More >>
NASHVILLE, TN (WSMV) -

A much clearer picture is emerging about job cuts at Nashville's largest private employer. A vice chancellor at Vanderbilt University says the medical center is in a tough spot and much more downsizing is on the horizon.

Vanderbilt released a six-page memo to employees Monday, explaining exactly where things stand, and the news isn't good.

University leaders went into great detail about some of the challenges that Vanderbilt University Medical Center and other hospitals face as they begin to find what the memo calls their "new normal."

The federal sequestration has cut into research dollars, and the hospital is getting pinched by lower Medicare and Medicaid payments.

The medical center needs to cut about 3 percent from its budget this fiscal year, and administrators say they've put together a plan called "evolve to excel" to try and make these cuts as painless as possible.

They're bringing in a consultant to help look for ways of making things more efficient, but like most hospitals, employees are the most expensive part of the budget.

Dr. Jeff Balser, vice chancellor for Health Affairs and dean of the Vanderbilt University School of Medicine, writes in the memo: "Over the next two years, the overall size of the VUMC workforce will be reduced. We do not intend to accomplish this through a large-scale layoff. Rather, our approach will be one of strategic downsizing."

The medical center says it still wants to retain the "highest performing employees."

As Channel 4 News previously reported, some of these cuts have already been made. Vanderbilt said at the time that they were addressing "workplace performance as necessary."

Officials hope to achieve most of the remaining cuts through natural attrition and an early retirement offer that will be presented next week.

Through that, combined with streamlining practices when it comes to handling time off, the hospital hopes it can get where it needs to be with industry-wide restructuring.

Copyright 2013 WSMV (Meredith Corporation). All rights reserved.

  • Vanderbilt addresses concerns over medical center job cutsMore>>

Powered by WorldNow