MD Anderson Cancer Center cutting 1,000 jobs
Houston’s MD Anderson Cancer Center will try to combat $50 million in operating losses by cutting payroll by 1,000 people, including up to 900 layoffs.
No doctors or clinical nurses are included in the staff reductions, according to the Houston Chronicle. The cuts amount to a 5 percent reduction in the center’s 20,000-employee workforce. The move is expected to save the facility $120 million after it lost $50 million in both September and October of 2016.
“In today's health care environment, we must be as efficient as possible while improving quality and patient satisfaction—and investing in our mission," said the center’s president, Ron DePinho. "I can assure you that the health and safety of our patients will not be impacted by these changes, and we will continue to provide the world's best cancer care to those counting on us to save their lives."
Despite the reported losses, DePinho said the center’s long-term fiscal outlook is “strong” and other revenue streams have kept it profitable. Read the full article blow:
John joined TriMed in 2016, focusing on healthcare policy and regulation. After graduating from Columbia College Chicago, he worked at FM News Chicago and Rivet News Radio, and worked on the state government and politics beat for the Illinois Radio Network. Outside of work, you may find him adding to his never-ending graphic novel collection.