Mayo Clinic to furlough or reduce pay of 30,000 employees

Post Bulletin ^ | 23 Apr 2020 | Jeff Kiger

[PilotDave]

Hospitals on the Rochester campus are operating at 35 to 40 percent capacity, and surgical volume is at 25 to 30 percent of the level that was expected. About 60 percent of Mayo Clinic's business comes from elective procedures of the kind that are now on hold.

This is latest step in Mayo Clinic's financial stabilization strategy to address an anticipated $3 billion loss due to the pandemic forcing a temporary halt in all elective procedures and average medical appointments.

[zeestephen]

Re: “About 60 percent of Mayo Clinic’s business comes from elective procedures”

That number sounds really high.

My guess - almost no one wants to risk a doctor visit or a hospital stay, even if they really need treatment.

Mayo Clinic Rochester is ranked in the Top 5 for almost every medical specialty.

[zeestephen]

Re: "Pure profit isn’t it?"

Minus the policies of the 26 million people who lost their jobs last month.

Plus, the 26 million who will lose their jobs this month.

[Flick Lives]

Aren’t the insurance outfits cleaning up on this ?

Premiums are paid and services ARE NOT being rendered so in turn insurance IS NOT paying out.

Pure profit isn’t it ?

—

Yes. Much like the public school systems are still collecting taxes and paying teachers, only no students are being educated. Nice system.

[buckalfa]

"A friend is an emergency room nurse at a large county hospital. She says traffic is down 50%. I found that strange - how can unplanned “emergencies” like heart attacks, home accidents, etc… be down? She said many emergency room visits are not for emergencies."

The ugly truth is that likely 70% of any hospital's business does not center on truly urgent or life saving services. The realities of the new normal business environment are going to be painful to the working masses.My daughter is a hospital based NP. She is still working but sees the handwriting on the wall.

[entropy12]

I was married to a LPN for over 2 decades. She was more in demand by every doctor in Obstetrics because of her reputation as a great nurse and she would get overload of expectant mothers to care for. On numerous occasions, we would be sitting in a restaurant having dinner, women would recognize her even in her civilian outfit and stop by our table to thank her profusely with a hug.

But LPN’s are under-paid!

[eeriegeno]

As if we need anymore examples of how brilliant our government overlords are.

Real men of genius caused this! It is time to get rid of those who shut down elective surgeries.

[AnotherUnixGeek]

Hospitals on the Rochester campus are operating at 35 to 40 percent capacity, and surgical volume is at 25 to 30 percent of the level that was expected. About 60 percent of Mayo Clinic's business comes from elective procedures of the kind that are now on hold.

A lot of people who need medical treatment from things other than the coronavirus are going to suffer and die, thanks to the idiots in government. This is going to have a long-lasting impact - hospitals which aren't nearly as large, prestigious and profitable as the Mayo Clinic are going to be shuttered forever.

[G Larry]

The fascists pretend we must control every contagion to zero before “we’re allowed” to have our freedom back.

[cornfedcowboy]

Mayo Clinic will always be solid financially. Go to Rochester,MN airport and see the 767’s lined up with Arabic lettering. The Sauds go there if they catch a cold, bring 100 of their family members, and pay cash.
Awesome hospital. Generally known as the best in the world.

[American Infidel]

The fascists pretend we must control every contagion to zero before “we’re allowed” to have our freedom back

This is exactly what's happening, and with a captive audience under government-imposed house-arrest; the media is proving successful in convincing the sheeple that this is the ONLY way we can re-open. The goal line has moved from freedom with an element of risk to having a government-provided guarantee of a risk-free existence. This impossible standard is now the new baseline.

[Gay State Conservative]

Mayo Clinic is one of the very finest hospitals on earth.This shutdown has,among many,many other things,seriously damaged many such outstanding institutions.

[Mouton]

Which number. My wife is furloughed and when not has a pay cut.

[Mouton]

How about we exterminate the liberal contagion.

[Bernard]

I found that strange - how can unplanned “emergencies” like heart attacks, home accidents, etc… be down?

I felt the same way when a family friend paramedic told me that about 10% of all calls to the Fire Department are for fires. The other 90% are medical in nature.

[.30Carbine]

For cross reference
http://www.freerepublic.com/focus/f-news/3839082/posts
Here are two docs that say we are being herded toward a deadly combo of under-staffed hospitals and weakened immune systems caused by COVID lockdown.

[.30Carbine]

Yah, except those planes aren’t flying now.

[.30Carbine]

People are paranoid of going anywhere near hospitals now, especially if they have something wrong with them, because they think catching COVID is a death sentence.

[.30Carbine]

Bump that!

[Redwood71]

“....so we could bring in more healthcare workers.”

Now if we could just get the governors to let people out of their homes to have the need to go to the hospital for other than self inflicted wounds, the hospital might financially stay afloat. Otherwise, they all may go down.

But what do you do when the police and fire department can no longer operate? Someone has to pay for grub hub.

rwood

[Magic Fingers]

Haters don’t want to hear that.