Political Wrinkles  

Go Back   Political Wrinkles > Political Forums > Economics
Register FAQDonate PW Store PW Trivia Members List Calendar Search Today's Posts Mark Forums Read

Economics Discuss Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million at the Political Forums; The largest employer in Northern Ohio is forced to either lay off or offer early retirement to thousands of workers... ...

Reply
 
Share LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 09-20-2013, 12:07 PM
cnredd's Avatar
Administrator
 
Join Date: Oct 2007
Location: Philadelphia
Gender: Male
Posts: 57,226
Thanks: 2,448
Thanked 39,292 Times in 21,863 Posts
Default Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million

The largest employer in Northern Ohio is forced to either lay off or offer early retirement to thousands of workers...

Why?...

You know "why"...

Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million

Quote:
The Cleveland Clinic has told workers they will be laying off an unspecified number of employees as part of an overall, sweeping cost-reduction plan.

Clinic CEO Dr. Toby Cosgrove discussed the looming cuts and changes in a Wednesday morning all-employee meeting.

Clinic spokeswoman Eileen Sheil denied circulating rumors that employees were told there would be 3,000 jobs cut.

She said any layoffs will be part of a multi-year plan to cut $330 million from the Clinic's budget.

The Clinic is the region's largest employer with roughly 42,000 workers.

Sheil said personnel represents 60 percent of the Clinic's budget.

She said early retirement would be offered to 3,000 eligible employees. Most vacant jobs are not being filled.

She attributed most of the budget reductions to looming changes accompanying the start of the Affordable Health Care Act.
__________________
"You get the respect that you give" - cnredd
Reply With Quote
  #2 (permalink)  
Old 09-20-2013, 12:12 PM
Surly's Avatar
PW Enlightenment
 
Join Date: Mar 2013
Location: Midwest
Gender: Male
Posts: 7,299
Thanks: 2,822
Thanked 3,069 Times in 2,400 Posts
Default Re: Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million

Obamacare Isn't Really Taking Away Jobs: Cleveland Clinic Edition - David A. Graham - The Atlantic

Think of it this way: These are all steps that the Cleveland Clinic was likely to take, but Obamacare implementation is acting as a catalyst, spurring the clinic to adopt them now rather than on a slower timeline.

This isn't to absolve the ACA of any role in the cuts at all. The revenue reduction because of the law is real. Pretty much everyone agrees that the spiraling costs of health care in the U.S. threaten — through Medicaid and Medicare — the nation's long-term fiscal health.
__________________
"I am the chosen one."

-Donald
Reply With Quote
  #3 (permalink)  
Old 09-20-2013, 12:47 PM
saltwn's Avatar
PW Enlightenment
 
Join Date: Oct 2007
Location: Esto perpetua
Posts: 88,261
Thanks: 57,121
Thanked 26,872 Times in 19,321 Posts
Send a message via AIM to saltwn Send a message via MSN to saltwn Send a message via Yahoo to saltwn
Default Re: Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million

Is the clinic federally funded? because otherwise I don't see how the feds could have direct input in their budget.
__________________
...
Reply With Quote
  #4 (permalink)  
Old 09-20-2013, 12:56 PM
faithful_servant's Avatar
PW Enlightenment
 
Join Date: Jun 2008
Location: Beautiful conservative Central Oregon
Gender: Male
Posts: 19,290
Thanks: 6,030
Thanked 8,068 Times in 5,535 Posts
Default Re: Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million

Quote:
Originally Posted by Surly View Post
Obamacare Isn't Really Taking Away Jobs: Cleveland Clinic Edition - David A. Graham - The Atlantic

Think of it this way: These are all steps that the Cleveland Clinic was likely to take, but Obamacare implementation is acting as a catalyst, spurring the clinic to adopt them now rather than on a slower timeline.

This isn't to absolve the ACA of any role in the cuts at all. The revenue reduction because of the law is real. Pretty much everyone agrees that the spiraling costs of health care in the U.S. threaten — through Medicaid and Medicare — the nation's long-term fiscal health.
So fix the problem by solving it at it's source - NOT ENOUGH HEALTHCARE PROFESSIONALS. Increase the supply and competition will bring costs down. But what the ACA is doing is DECREASING THE SUPPLY OF HEALTHCARE PROFESSIONALS. This will mean the healthcare professionals who choose not to accept "ACA" patients will be increasing the rates they charge because there will be less competition. By forcing cuts ahead of the market, all you do is push out people and lower accessibility to healthcare. We need MORE healthcare professionals, not less. If you want the gov't to do something, then do something along the lines of what I've proposed for YEARS: Set up a program that pays for healthcare professionals education with a stipulation that they repay the cost by working where the gov't tells them to for period of time equivalent to their education. Have them do this after they've in practice long enough to be proficient. If they choose not to work where they are told, they get hit with the bill for their education at 15% APR. Do this and you'll increase the supply of healthcare professionals, which will lower the cost of healthcare and increase it's availability.

See, that's called SOLVING A PROBLEM, instead of just throwing feel-good band-aids at it.
Reply With Quote
The Following User Says Thank You to faithful_servant For This Useful Post:
  #5 (permalink)  
Old 09-20-2013, 01:49 PM
Mellon_Collie's Avatar
Species 5618
 
Join Date: Jan 2013
Location: Eastern Oregon
Gender: Female
Posts: 2,604
Thanks: 1,104
Thanked 1,964 Times in 1,204 Posts
Default Re: Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million

Lets be honest on both side, its probably a little bit Affordable Health Care Act, and a little bit crapy economy with a dash of a messed up healthcare system. There has been no real reform, and no real recovery to our economy because nether side can stop being a bloviating douchebag long enough to really fix anything.
__________________
“When stupidity is considered patriotism, it is unsafe to be intelligent.” —Isaac Asimov
Reply With Quote
  #6 (permalink)  
Old 09-20-2013, 10:25 PM
40yearfan's Avatar
Easy Living
 
Join Date: Mar 2012
Location: Phoenix, AZ.
Gender: Male
Posts: 9,970
Thanks: 2,617
Thanked 3,963 Times in 2,718 Posts
Default Re: Layoffs coming to Cleveland Clinic in plan to reduce budget by $330 million

Good discussion by everyone. Thanks.
__________________
__________________________________________
We are advised to NOT judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics.
Reply With Quote
The Following User Says Thank You to 40yearfan For This Useful Post:
Reply

Tags
$330, budget, cleveland, clinic, coming, layoffs, million, plan, reduce

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump


All times are GMT -5. The time now is 05:01 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2022, vBulletin Solutions, Inc.

Content Relevant URLs by vBSEO 3.2.0