Vanderbilt addresses concerns over medical center job cuts - WMC Action News 5 - Memphis, Tennessee

Vanderbilt addresses concerns over medical center job cuts

NASHVILLE, TN (WSMV) -

A much clearer picture is emerging about job cuts at Nashville's largest private employer. A vice chancellor at Vanderbilt University says the medical center is in a tough spot and much more downsizing is on the horizon.

Vanderbilt released a six-page memo to employees Monday, explaining exactly where things stand, and the news isn't good.

University leaders went into great detail about some of the challenges that Vanderbilt University Medical Center and other hospitals face as they begin to find what the memo calls their "new normal."

The federal sequestration has cut into research dollars, and the hospital is getting pinched by lower Medicare and Medicaid payments.

The medical center needs to cut about 3 percent from its budget this fiscal year, and administrators say they've put together a plan called "evolve to excel" to try and make these cuts as painless as possible.

They're bringing in a consultant to help look for ways of making things more efficient, but like most hospitals, employees are the most expensive part of the budget.

Dr. Jeff Balser, vice chancellor for Health Affairs and dean of the Vanderbilt University School of Medicine, writes in the memo: "Over the next two years, the overall size of the VUMC workforce will be reduced. We do not intend to accomplish this through a large-scale layoff. Rather, our approach will be one of strategic downsizing."

The medical center says it still wants to retain the "highest performing employees."

As Channel 4 News previously reported, some of these cuts have already been made. Vanderbilt said at the time that they were addressing "workplace performance as necessary."

Officials hope to achieve most of the remaining cuts through natural attrition and an early retirement offer that will be presented next week.

Through that, combined with streamlining practices when it comes to handling time off, the hospital hopes it can get where it needs to be with industry-wide restructuring.

Copyright 2013 WSMV (Meredith Corporation). All rights reserved.

  • News on WMCTV.comNewsMore>>

  • Deputy indicted for raping teen over 20 months

    Deputy indicted for raping teen over 20 months

    Thursday, June 21 2018 12:18 PM EDT2018-06-21 16:18:47 GMT
    Brian Beck faces rape charges. (Source: SCSO)Brian Beck faces rape charges. (Source: SCSO)

    A grand jury indicted a Shelby County Sheriff's Deputy for rape of a teen girl. Investigators said Brian Beck, 43, had a relationship with a 14-year-old girl that took place over a 20-month period beginning in May 2016. Beck faces two counts of rape by force and two counts of sexual battery by an authority figure. Investigators said Beck was not on duty when the rapes occurred. Beck, a deputy in Shelby County since 2004, was relieved of duty without pay. Copyright 2018 WMC Action...

    More >>

    A grand jury indicted a Shelby County Sheriff's Deputy for rape of a teen girl. Investigators said Brian Beck, 43, had a relationship with a 14-year-old girl that took place over a 20-month period beginning in May 2016. Beck faces two counts of rape by force and two counts of sexual battery by an authority figure. Investigators said Beck was not on duty when the rapes occurred. Beck, a deputy in Shelby County since 2004, was relieved of duty without pay. Copyright 2018 WMC Action...

    More >>
  • Woman says coyotes roaming Memphis neighborhood

    Woman says coyotes roaming Memphis neighborhood

    Thursday, June 21 2018 12:10 PM EDT2018-06-21 16:10:26 GMT
    The woman said 2 coyotes have been roaming the neighborhood. (Source: Viewer)The woman said 2 coyotes have been roaming the neighborhood. (Source: Viewer)
    The woman said 2 coyotes have been roaming the neighborhood. (Source: Viewer)The woman said 2 coyotes have been roaming the neighborhood. (Source: Viewer)

    A Memphis woman said two wild coyotes are roaming her neighborhood.

    More >>

    A Memphis woman said two wild coyotes are roaming her neighborhood.

    More >>
  • Set of bleachers stolen from Bartlett park

    Set of bleachers stolen from Bartlett park

    Thursday, June 21 2018 11:43 AM EDT2018-06-21 15:43:50 GMT
    Not a photo of the stolen bleachers. (Source: Wikimedia Commons)Not a photo of the stolen bleachers. (Source: Wikimedia Commons)
    Not a photo of the stolen bleachers. (Source: Wikimedia Commons)Not a photo of the stolen bleachers. (Source: Wikimedia Commons)

    Somebody stole a set of bleachers from a baseball field in Bartlett.

    More >>

    Somebody stole a set of bleachers from a baseball field in Bartlett.

    More >>
Powered by Frankly