Global finance blog - news, jokes, life…

July 16, 2008

Big Island hospital lays off 59 employees

Filed under: economics — Tags: , , — Gladiator @ 8:18 am

North Hawaii Community Hospital officials said late Tuesday they are laying off 59 employees in an effort to stem operating losses that could reach $7.4 million this year.

The hospital notified 45 full- and part-time employees Tuesday that they were out of a job. Another 14 employees at the Waimea Women's Center, on the North Hawaii Community campus, also are losing their jobs.

The layoffs take effect immediately and the employees were spread across multiple departments, according to North Hawaii Community Hospital CEO Jeff Comer.

"This is one specific part of it and we need to have a more concerted focus on communicating to the public and getting the message out that the hospital is in a serious situation," Comer told PBN. "There is a cash flow problem and because of that we are forced to take this difficult and painful action…"

The hospital has approximately 460 employees.

The Waimea hospital, which came under new management in late 2007 and hired Comer as its new chief executive in May, has implemented what it calls the "Get Well Plan," which is designed to ensure financial viability easy payday loans low rates payday advance.

North Hawaii officials called the layoffs an "unfortunate but necessary action" because the hospital lost $7.5 million last year and stands to lose an estimated $7.4 million this year.

North Hawaii Community Hospital is a 40-bed, privately funded facility. It was established in 1996 and serves some 30,000 Big Island residents.



Source

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress