Business Briefs

Winston-Salem hospital begins job cuts

Posted November 14, 2012

Unemployment

— Wake Forest Baptist Medical Center in Winston-Salem announced Wednesday that it would cut the equivalent of about 950 jobs by June 2013 in an effort to control costs.

The cuts will be about half from positions currently unfilled and half from the elimination of current employees, the hospital said. The reduction represents about 6 percent of the center's workforce.

The cuts began when 76 Wake Forest Baptist employees were laid off this week. They come after reductions in expense and discretionary budgets were not enough to meet the hospital goals. Almost two-thirds of the center's costs are labor, the hospital said.

 

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  • dollibug Nov 16, 1:52 p.m.

    This is how the country is going to move *FORWARD* under the prez and I bet this will be just the beginning of something quite HUGE before 4 years is over.....it will be quite interesting to see just how all of this is going to pan out...OR NOT....

  • whatelseisnew Nov 16, 1:29 p.m.

    "For those opposed to "Obamacare" who in the world do you think pays for the Physician's & Hospital expenses that the 21+ million Americans who lack health insurance pays right now?, the answer (less we refuse poor sick patients who have no insurance) is that you do, with your local city & county taxes. Much better to have these folks insured with Obamacare or should we turn out as in India with our ill folks begging on the roads for help."

    Wrong, this is going to cost more money. Believing that ObamaCare will reduce costs is equal to believing in the tooth fairy. Medicare is not FLOATING anything. Private insurance is picking up what Medicaid and Medicare does not cover. When a person with private insurance gets a bill, they are paying part of the bill for several other people.
    The good news is more and more providers will cease taking Medicaid and Medicare. I hope every Doctor out there starts refusing these patients.

  • dick4sanchez Nov 16, 10:21 a.m.

    See Chart, learn how to spell. The poor just come to the emergency room like they have been doing for years. Your India comparison is ridiculous.

    We are getting 21 separate taxes through Obamacare to pay for it. Your bank winning doesn't make sense.

    Any way you look at it, it is a flawed solution and the flaws are showing up quickly.

  • dick4sanchez Nov 16, 10:12 a.m.

    Thank you Obamacare. With all the job cuts, there won't be anyone left to pay for the uninsured. I guess the top 1% can cover everyone.

  • storchheim Nov 14, 7:55 p.m.

    See Chart, who do you think is going to pay for 0bamacare for the poor?

  • See Chart Nov 14, 4:14 p.m.

    Also for you Obamacare haters, the hospitals loose big time
    in payments because 21 or more million people come in for care
    without insurance, Small business will have to get used to the
    new Ins. procedures much as what happened with all the lobbyists
    who objected to "Medicare" in the early 1960's now Medicare
    patients "float" every hospital and Physician's practice in this
    country, we will get used to this as well. One solution is for smaller businesses to start pooling resources as some NC car dealerships have done as a group, and start self insuring their employees from a given amount of money and also reward employees who stay healthy and maintain good annual health check ups. In any event for people as in my family if it becomes between buying health insurance and mortgage payments the banks win.Perhaps this is saying something big time about the great cost of healthcare in the USA.

    It is time to put collective reasoning in play.

  • See Chart Nov 14, 4:03 p.m.

    For those opposed to "Obamacare" who in the world do
    you think pays for the Physician's & Hospital expenses that
    the 21+ million Americans who lack health insurance pays right
    now?, the answer (less we refuse poor sick patients who have no
    insurance) is that you do, with your local city & county taxes.
    Much better to have these folks insured with Obamacare or should
    we turn out as in India with our ill folks begging on the roads for help.

  • pmck Nov 14, 3:19 p.m.

    Preparation for Obamacare. Folks - you'd better do your best to try to stay healthy. Your access to healthcare will diminish dramatically. Quality is already suffering. Small businesses will close (corporations will rejoice!). Stick your head in the sand if you want.

  • PanthersFan45 Nov 14, 2:26 p.m.

    logic won't work here. everyone is so convinced that EVERYTHING that has happened bad lately is Obamas fault- Scubagirl

    Obamacare is going to be costly, someone will have to pay for it. I have no knowledge about how it could affect hospitals (positive or negative), but one thing for sure is it will crimp small business hiring. Here is fact: Obamacare mandates that businesses with more than 50 workers must offer an approved insurance plan or pay a penalty of $2,000 for each full-time worker over 30 workers. There are many companies that will NOT exceed 49 employees, count on it. Hiring is now capped for many small businesses because of Obamacare. In case some of you forgot, OBamacare was modeled after Romneycare and as many on the left so proudly pointed out, Massachusettes stood at 47th in job growth. Not what I call the kind of thing we need for the entire country right now.

  • WooHoo2You Nov 14, 1:43 p.m.

    "1) Half of the jobs they are ‘cutting’ are unfilled….did you read the story??? 2) Households and people are completely different numbers. 3) You don’t have to live in Winston-Salem to work there. WooHoo2You"

    logic won't work here. everyone is so convinced that EVERYTHING that has happened bad lately is Obamas fault-Scubagirl

    You are wrong….everything bad that happens is Obama’s fault from the dinosaurs dying millions of years ago to the sun exploding billion of years from now.

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