COVID and its effect on hospitals

[CUninja]

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***This is not a strictly pharmacy thread***

In light of COVID, many hospitals have had to stop elective surgeries/procedures, etc. What effect has this had on the management of your hospital? Is there a hiring freeze? Are there mandatory furloughs? Are you working from home (when feasible?)

Are you (or is your management) worried that the hospital system you work for may not be financially viable anymore?

 

[ValeRx]

I'm a federal employee so this hasn't really affected our hospital... but I do know that some other hospitals in the area are forcing some of their pharmacists to take two days per week of their paid leave; and if they don't have any more for the year, they are docking their vacation from 2021.

 

[Stella14]

My hospital is making us take off 32 hours in the month of May. Every employee in the HealthSystem . 5 hospitals. No little pension contribution, no matching 403b. AND my particular hospital is set up for covid only patients. Had 160 patients last week and about 20 on ventilators. Anyway, another hospital in our system was completely closed bc no surgeries.
We lost $48 million in March. The president, etc are taking 20% pay cut. Said we are on track to lose $500 million by fall if surgeries don’t start back up. Told us if we didn’t take pto or not get paid 32 hours then 2000 people would be laid off.

I moonlight at another hospital . Management has to take 32 hours pto and pharmacists 16. Upper management taking 25% cut . They said they lost $43 million in first 2 weeks of March, not even the entire month.

It’s getting real.


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[Doc Hawaii]

Location: Los Angeles County
Community Hospital,Small

Starting May 31st, all non-union staff will have a 10% base pay cut. The RPHs are non-unionized, techs are unionized. This cut will continue until next year, at least.

There were numerous senior management layoffs over the past 2 weeks including a VP and the CNO. More layoffs are coming, and will include front line staff. The hospital had a 15 million dollar reduction in billing for April alone. Outpatient surgeries resumed last week.

The lay-off magnitude depends on whether the unionized staff willingly take a 10% cut.

For the past month, management has been flexing 1 day per week. They are also going to get their pay cut 10% on top of the flex.

Our census is back up to normal.

 

[VA77]

How I answer people now when they ask what I got in Covid compensation

https://i.gifer.com/Yyim.gif

 

[casprph]

Location: Los Angeles
Hospital: Large Hospital

Our hospital has lost $100-$120 million per month and our staff pharmacists are still getting 3% raises but management has a freeze on raises. Upper management has taken 10% pay cuts. There is a hiring freeze. Staff are encouraged to take vacation time but not forced yet. Our department is still highly profitable but the hospital is trying to recoup losses by starting elective surgeries again.

 

[Hellsinger]

It looks like mass layoffs is probably becoming our possible future 🙁

 

[Stella14]

Side hustle is now starting furloughs through August ...


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[Doc Hawaii]

Update: the pharmacists’ 10% pay cut will be re-evaluated in 90 days, but no pharmacist layoffs. One pharmacy tech received a lay-off notice to take effect in 2 weeks. About 100 additional staff across the hospital also were informed that they will be laid off in 2 weeks(60 nurses, plus 40 others in departments such as transport, radiology).

 

[Doc Hawaii]

Update: salary reduction will be reinstated starting with the next pay period (we had 3 months at -10% pay). Some of the laid off RNs were brought back. Forced flexing for management will be ending too.