Over 10% of Prisma Health employees have been furloughed or had their hours cut
Prisma Health has furloughed or cut the hours of 3,900 employees because of the coronavirus pandemic, according to a statement issued by the hospital system Friday.
The furloughs and work reductions affect more than 10% of the hospital system's 30,000 employees in the Upstate and Midlands. The furloughs started last month. "The COVID-19 public health emergency has had a significant impact on our finances and operations," according to the statement emailed by Prisma officials. "Elective cases are down 80%, physician office visits down 40%, March net revenues down 25% from budget."
Prisma has frozen capital spending, curtailed non-patient care items and furloughed staff not directly involved in the care of COVID-19 patients and other clinical activities, according to the statement.
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Of the 3,900 employees who are affected, 63 percent were furloughed and 37 percent are working reduced schedules, according to the statement.
Furloughed Prisma employees can use their paid time off and are eligible for unemployment benefits, the statement says. They also can be recalled immediately if needed.
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"After the COVID-19 crisis passes, we will resume normal operations and recall staff, starting with those needed to serve patients who have delayed their non-emergent medical needs," the statement reads. "We will then recall others as the situation dictates."
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Other hospitals taking similar cost-cutting steps
Prisma Health, which was formed by the merger of Greenville Health System and Palmetto Health, isn't the only hospital system that is struggling as a result of the pandemic.
Bon Secours St. Francis Health System announced March 31 that it would be furloughing employees.
On Friday, AnMed Health in Anderson and Spartanburg Regional Healthcare System detailed the cost-cutting moves that they are taking.
"As a result of these unprecedented events, AnMed Health will temporarily reduce leadership and management salaries," according to an email statement from AnMed. "In addition, we will temporarily furlough some employees and make other staff adjustments in both non-clinical and clinical areas that have seen a decrease in demand for services.
"These changes will become effective April 19 and may last for up to three months."
Spartanburg Regional Healthcare System is redeploying staff, temporarily furloughing employees, reducing the salaries of all management and cutting non-labor expenses to deal with "large financial losses," according to an email statement.
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