IU Health Bloomington spared in Thursday's layoff announcement [Herald-Times, Bloomington, Ind.]
(Herald-Times (Bloomington, IN) Via Acquire Media NewsEdge) Sept. 12--The leader of Indiana University Health Bloomington stated Thursday that it might have to eliminate positions in the future, failing to rule out local layoffs on a day IU Health announced hundreds of cuts in other parts of the state.
IU Health will cut 800 positions at hospitals in Indianapolis, Carmel, Fishers, Muncie and Tipton. The move comes as the health system tries to find $1 billion in cost savings over five years. It said it's caught in a national trend of fewer admissions and dropping federal and private insurance reimbursements.
IU Health Bloomington is also searching for cost savings and ways to become efficient, according to an email statement from Mark Moore, its president and CEO.
"Such efforts alone simply aren't enough; we anticipate that some positions may be eliminated in order to meet our financial targets that are necessary due to shrinking reimbursement," Moore said in the statement. "The specific number of positions is not known and will be lessened by attrition."
The Bloomington hospital couldn't provide any additional details about when it will make decisions on layoffs. More than 2,500 people work at IU Health Bloomington, a number that includes its outpatient locations.
Any local layoffs will not harm patient care, Moore said in his statement.
The news continues a week of Monroe County headlines dominated by layoffs. Two area employers announced job cuts Monday -- GE Appliances said it will eliminate about 160 positions, and the Ellettsville-based telecommunications firm Smithville said it is cutting 45 jobs.
The 800 job cuts that IU Health announced Thursday will come from its Methodist Hospital, University Hospital, Riley Hospital for Children, North Hospital, Saxony Hospital, Tipton Hospital and Ball Memorial Hospital. Those who will lose their jobs will be notified in early October, and cuts will take effect Dec. 1.
IU Health will offer an early retirement program for some employees, the first time it's ever offered early retirement. It's also planning to provide severance and outplacement assistance. The health system employs 36,000 people across the state.
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