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Ann Arbor NewsSaint Joseph Mercy Health System to trim equivalent of 350 full-time jobs
Posted by Stefanie Murray | The Ann Arbor News May 26, 2009 18:44PM
The equivalent of 350 full-time jobs will be cut next month at four of Saint Joseph Mercy Health System's area hospitals - including Ann Arbor, Saline and Howell - as the hospitals struggle with a projected $52 million budget shortfall for the upcoming fiscal year.
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Casalou said the job cuts will be spread across nearly every department at the hospital, although he hopes to avoid reducing bedside care jobs. Compared to May of last year, income at the four hospitals is down 25 percent, while charity care and bad debt is up 40 percent.
Bad debt includes services the hospital has billed for but hasn't yet been paid for; charity care includes services the hospital expects to receive no payment for.
"We have a lot of people hurting right now, they don't have insurance, they have lost benefits and they avoid the doctor, and they end up in our (emergency room) and we take care of them," Casalou said.
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Read more:
http://www.mlive.com/business/ann-arbor/index.ssf/2009/05/saint_joseph_mercy_health_syst.html
More ripples from the auto industry's circling of the drain.