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re: Ochsner to layoff 2% of its workforce today

Posted on 5/15/23 at 12:14 pm to
Posted by Dixie2023
Member since Mar 2023
3590 posts
Posted on 5/15/23 at 12:14 pm to
There is an Ochsner on every corner,it seems. It’s crazy.
Posted by carhartt
Member since Feb 2013
8073 posts
Posted on 5/15/23 at 12:17 pm to
quote:

This is a travisty to those familys.Here in metairie and surrounding parishes Oschner has been BUILDING aclinic on every corner.Kidney dialisis centers, cancer centers , emergency centers ,yet they are laying off 700 people. Yea thats the ticket!!!


It’s kinda like they didn’t factor in that they’d have to start paying the Nursing staff out of their own budget when the Government stopped paying travel nurses.

So they just spend, spend, spend!!!
Posted by fofuh4
btr
Member since Aug 2022
117 posts
Posted on 5/15/23 at 3:46 pm to
especially when a large number of groups, are non-profits and the “medical debt” / “cost of care” are 3-4x what they should be to ensure they get full reimbursement thru medicare. they just write off that “bad debt” against their revenue anyways.
Posted by captainahab
Highway Trio8
Member since Dec 2014
1637 posts
Posted on 5/15/23 at 4:20 pm to
From the article you linked...

quote:

The nonprofit system reported a $96.4 million operating loss and a $185 million net loss across 2022, a turnaround from the $138.6 million operating gain and $306.5 million net gain of the prior year. A $390.9 million year-over-year increase in salary and wage expenses contributed to the reversal.


$390M increase in salary and wage expenses in a year.

Posted by jizzle6609
Houston
Member since Jul 2009
14824 posts
Posted on 5/15/23 at 4:50 pm to
Everyone shouldve known this was coming. I honestly dont understand why anyone is shocked. Then again, Ochsner just hired my wife 2 months ago.
Posted by Rize
Spring Texas
Member since Sep 2011
17437 posts
Posted on 5/15/23 at 10:56 pm to
quote:

Everyone shouldve known this was coming. I honestly dont understand why anyone is shocked. Then again, Ochsner just hired my wife 2 months ago.


My wife works there and I had no idea. She was working late hours and I’m like what the frick are you doing?

Some of the info given on this thread has been spot on. There’s a reason my wife don’t tell me shite
This post was edited on 5/15/23 at 10:57 pm
Posted by Throwaway1
Member since May 2023
9 posts
Posted on 5/15/23 at 11:54 pm to
I wonder what’s the time frame for Kaiser to take over Ochsner Health. Took about 3 years for Ochsner to buy the Lafayette hospital system but of course that was during a pandemic
Posted by H2O Tiger
Delta Sky Club
Member since May 2021
6858 posts
Posted on 5/15/23 at 11:57 pm to
Is this even on the table? I haven't seen anything about it
Posted by Throwaway1
Member since May 2023
9 posts
Posted on 5/16/23 at 12:28 am to
That’s the rumor I’m hearing.
Posted by La Cucaracha
Lafayette
Member since Oct 2016
424 posts
Posted on 5/16/23 at 1:32 am to
quote:

I wonder what’s the time frame for Kaiser to take over Ochsner Health. Took about 3 years for Ochsner to buy the Lafayette hospital system but of course that was during a pandemic


I was told Kaiser has had a presence for a couple of years, albeit quiet. Ochsner overspent on LGMC. LGMC had to find a buyer and Ochsner had been sniffing around. I fear Kaiser is months away from buying Ochsner.
Posted by LSUGrad9295
Baton Rouge
Member since May 2007
35372 posts
Posted on 5/16/23 at 3:13 am to
quote:

My wife works there and I had no idea. She was working late hours and I’m like what the frick are you doing?


Um...who wants to break the news to him about Jody
Posted by Rize
Spring Texas
Member since Sep 2011
17437 posts
Posted on 5/16/23 at 3:55 pm to
quote:

Um...who wants to break the news to him about Jody





She works from home. I doubt she was getting a good weenerin from Jody while I was home.
Posted by Ancient Astronaut
Member since May 2015
36235 posts
Posted on 5/16/23 at 4:05 pm to
quote:

fear Kaiser is months away from buying Ochsner.


That’s hilarious.
Posted by Antonio Moss
The South
Member since Mar 2006
48708 posts
Posted on 5/16/23 at 4:09 pm to
It’s multifaceted. They have an overbloated system of management/bureaucracy- six figure employees who don’t earn a single penny all year. The other huge issue is that Medicare reimbursements have remained flat despite record inflation. That’s a problem that going to really screw up our health systems even more.
Posted by jizzle6609
Houston
Member since Jul 2009
14824 posts
Posted on 5/16/23 at 4:57 pm to
Getting paid is what she is doing.

Im sure a lot of hospitals got stuck with subpar Nurses to fill spots.
Posted by YOURADHERE
Member since Dec 2006
8258 posts
Posted on 5/16/23 at 5:06 pm to
quote:

$390M increase in salary and wage expenses in a year.


I wonder how much of that went to agency nurses? There was a ton of nurses that quit working at Ochsner for ~$30/hr, signed on with an agency and went right back to work at Ochsner for $80+/hr. So I wouldn't be surprised if Ochsner was paying the agency $100/hr per nurse. It would've been cheaper to just double their RN staffs' salaries.
Posted by Throwaway1
Member since May 2023
9 posts
Posted on 5/16/23 at 6:28 pm to
They have something called in house agency right now paying 80 dollars an hour but they are trying to bump it down to the 65-70 dollar range unless you agree to work 5 12 hour shifts a week for the 80 dollars. I’ve had a few friends leave and go elsewhere when they try to cut their pay.
Posted by Metrybaw
Member since Apr 2022
205 posts
Posted on 5/16/23 at 7:07 pm to
Where'd you hear the rumor? If true, it would be a huge upset in the local Healthcare market
Posted by LEASTBAY
Member since Aug 2007
15698 posts
Posted on 5/16/23 at 7:12 pm to
Curious also
Posted by dukesilver72
Texas
Member since Feb 2015
1035 posts
Posted on 5/17/23 at 10:49 am to
Anyone hear of another local hospital about to do the same? Around 300 jobs this time?
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