{"id":3652,"date":"2014-12-07T07:47:32","date_gmt":"2014-12-07T12:47:32","guid":{"rendered":"http:\/\/www.khpi.org\/blog\/?p=3652"},"modified":"2014-12-07T07:47:32","modified_gmt":"2014-12-07T12:47:32","slug":"more-layoffs-in-store-for-catholic-health-initiatives","status":"publish","type":"post","link":"http:\/\/www.khpi.org\/blog\/more-layoffs-in-store-for-catholic-health-initiatives\/","title":{"rendered":"More Layoffs In Store for Catholic Health Initiatives."},"content":{"rendered":"<h1>\u00a0 Kentucky unlikely to be spared.<\/h1>\n<p>Tamara Chuang of the Denver Post <a href=\"http:\/\/www.denverpost.com\/business\/ci_27078751\/catholic-health-cut-1-500-or-1-7\" target=\"_blank\">reported yesterday<\/a> of an announcement by CHI confirming the 1500 additional job cuts planned for January 2015. Laura Ungar of our own Courier-Journal was ahead of the game in <a href=\"http:\/\/www.courier-journal.com\/story\/news\/local\/2014\/11\/21\/kentuckyone-parent-company-eliminate-jobs\/19352441\/\" target=\"_blank\">reporting this considerable reduction<\/a>.<\/p>\n<p>From Denver:<em> &#8220;As a result of lower-than-expected operating and financial performance in the first quarter of the 2015 fiscal year, Catholic Health Initiatives and its market organizations will take action to reduce expenses across the system,&#8221; said spokesman Michael Romano. &#8220;The losses were due to a number of external and internal factors, including reduced utilization of services.&#8221;<\/em><\/p>\n<p>The positions to be cut will be announced in mid-January are said to focus on administrative and support staff and to affect the entire national enterprise. Given that KentuckyOne Health is one of the larger of CHI\u2019s regional operations and continues to produce the largest financial losses, it must be assumed that additional job cuts will follow the <a title=\"KentuckyOne Health Financial Woes Leading to Staff Layoffs.\" href=\"http:\/\/www.khpi.org\/blog\/kentuckyone-health-financial-woes-leading-to-staff-layoffs\/\" target=\"_blank\">500 or so lost last March<\/a> in Kentucky.<\/p>\n<p>This unfortunate news is not a complete surprise. CHI\u2019s <a title=\"Catholic Health Initiatives Annual Report, FY 2014.\" href=\"http:\/\/www.khpi.org\/blog\/chi-annual-report-fy-2014\/\" target=\"_blank\">financial report for FY 2014<\/a> released last month showed a slowing of recent losses, but KentuckyOne was the only region of CHI losing money.\u00a0 The profit from operations nationwide was razor-thin.\u00a0 I am unaware of how the earlier job cuts were spread out around the state, but I am told that the cuts hurt, and even led to decreased clinical capacity in some facilities. The required formal financial report for the first quarter of FU 2015 will not be available until the end of the month. It should contain more specifics.<\/p>\n<p>Peter Hasselbacher, MD<br \/>\nPresident, KHPI<br \/>\nDecember 7, 2014<\/p>\n<div class=\"sharedaddy sd-sharing-enabled\"><div class=\"robots-nocontent sd-block sd-social sd-social-icon-text sd-sharing\"><h3 class=\"sd-title\">Share this:<\/h3><div class=\"sd-content\"><ul><li><a href=\"#\" class=\"sharing-anchor sd-button share-more\"><span>Share<\/span><\/a><\/li><li class=\"share-end\"><\/li><\/ul><div class=\"sharing-hidden\"><div class=\"inner\" style=\"display: none;\"><ul><li class=\"share-facebook\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-facebook-3652\" class=\"share-facebook sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/more-layoffs-in-store-for-catholic-health-initiatives\/?share=facebook\" target=\"_blank\" title=\"Click to share on Facebook\" ><span>Facebook<\/span><\/a><\/li><li class=\"share-linkedin\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-linkedin-3652\" class=\"share-linkedin sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/more-layoffs-in-store-for-catholic-health-initiatives\/?share=linkedin\" target=\"_blank\" title=\"Click to share on LinkedIn\" ><span>LinkedIn<\/span><\/a><\/li><li class=\"share-end\"><\/li><li class=\"share-twitter\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-twitter-3652\" class=\"share-twitter sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/more-layoffs-in-store-for-catholic-health-initiatives\/?share=twitter\" target=\"_blank\" title=\"Click to share on Twitter\" ><span>Twitter<\/span><\/a><\/li><li class=\"share-email\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"\" class=\"share-email sd-button share-icon\" href=\"mailto:?subject=%5BShared%20Post%5D%20More%20Layoffs%20In%20Store%20for%20Catholic%20Health%20Initiatives.&body=http%3A%2F%2Fwww.khpi.org%2Fblog%2Fmore-layoffs-in-store-for-catholic-health-initiatives%2F&share=email\" target=\"_blank\" title=\"Click to email a link to a friend\" data-email-share-error-title=\"Do you have email set up?\" data-email-share-error-text=\"If you&#039;re having problems sharing via email, you might not have email set up for your browser. 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From Denver: &#8220;As a result of lower-than-expected operating and financial &hellip; <a href=\"http:\/\/www.khpi.org\/blog\/more-layoffs-in-store-for-catholic-health-initiatives\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;More Layoffs In Store for Catholic Health Initiatives.&#8221;<\/span><\/a><\/p>\n<div class=\"sharedaddy sd-sharing-enabled\"><div class=\"robots-nocontent sd-block sd-social sd-social-icon-text sd-sharing\"><h3 class=\"sd-title\">Share this:<\/h3><div class=\"sd-content\"><ul><li><a href=\"#\" class=\"sharing-anchor sd-button share-more\"><span>Share<\/span><\/a><\/li><li class=\"share-end\"><\/li><\/ul><div class=\"sharing-hidden\"><div class=\"inner\" style=\"display: none;\"><ul><li class=\"share-facebook\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-facebook-3652\" class=\"share-facebook sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/more-layoffs-in-store-for-catholic-health-initiatives\/?share=facebook\" target=\"_blank\" title=\"Click to share on Facebook\" ><span>Facebook<\/span><\/a><\/li><li class=\"share-linkedin\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-linkedin-3652\" class=\"share-linkedin sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/more-layoffs-in-store-for-catholic-health-initiatives\/?share=linkedin\" target=\"_blank\" title=\"Click to share on LinkedIn\" ><span>LinkedIn<\/span><\/a><\/li><li class=\"share-end\"><\/li><li class=\"share-twitter\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"sharing-twitter-3652\" class=\"share-twitter sd-button share-icon\" href=\"http:\/\/www.khpi.org\/blog\/more-layoffs-in-store-for-catholic-health-initiatives\/?share=twitter\" target=\"_blank\" title=\"Click to share on Twitter\" ><span>Twitter<\/span><\/a><\/li><li class=\"share-email\"><a rel=\"nofollow noopener noreferrer\" data-shared=\"\" class=\"share-email sd-button share-icon\" href=\"mailto:?subject=%5BShared%20Post%5D%20More%20Layoffs%20In%20Store%20for%20Catholic%20Health%20Initiatives.&body=http%3A%2F%2Fwww.khpi.org%2Fblog%2Fmore-layoffs-in-store-for-catholic-health-initiatives%2F&share=email\" target=\"_blank\" title=\"Click to email a link to a friend\" data-email-share-error-title=\"Do you have email set up?\" data-email-share-error-text=\"If you&#039;re having problems sharing via email, you might not have email set up for your browser. 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