5:37 am June 15, 2011, by Henry Unger
Following layoffs and the shutdown of two neighborhood clinics earlier this year, Grady Memorial Hospital is cutting an additional 120 jobs as it faces a $17 million budget shortfall in just the first four months of 2011, AJC reporter Misty Williams writes.
The cuts represent roughly 2 percent of Grady’s workforce and will include some nurses, spokesman Matt Gove said. They are part of a spate of cost-saving measures, including cutting back on overtime, improving cash collections and reducing patients’ length of stay, Williams reports. No services or programs will be reduced, Gove said.
“We’re at a point where decisions have to be made to ensure Grady’s doors will stay open,” said Thomas Dortch, a Grady corporate board member and chairman of the Fulton-DeKalb Hospital Authority board of trustees.
The move follows other recent cutbacks as Grady has tried to bridge a $20 million cut in local and federal dollars to care for the poor and uninsured, among other financial hurdles, Williams writes.
So far this year, the safety net hospital has upped prescription drug co-pays, closed two health clinics and cut 100 jobs, Williams reports.
Also in the AJC:
In other media:
- Henry Unger, The Biz Beat
For instant updates, follow me on Twitter.
Get inside Atlanta's and national business news and how it affects you.
Vacation stops, manage subscriptions and more