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Mayo Clinic to furlough or reduce pay of 30,000 employees
Post Bulletin ^ | 23 Apr 2020 | Jeff Kiger

Posted on 04/26/2020 8:39:18 AM PDT by 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.

(Excerpt) Read more at postbulletin.com ...


TOPICS: News/Current Events; US: Arizona; US: Minnesota
KEYWORDS: coronavirus; economy; hospitals; mayo; rochester
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As if we need anymore examples of how brilliant our government overlords are.
1 posted on 04/26/2020 8:39:18 AM PDT by PilotDave
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To: PilotDave

Talk about holding the mayo


2 posted on 04/26/2020 8:41:02 AM PDT by Phil DiBasquette
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To: PilotDave

But Cuccinelli just stated in a podcast a couple of days ago that part of the reason for so scaling back Trump’s originally broader plan to stop immigration in order to support American jobs was so we could bring in more healthcare workers.


3 posted on 04/26/2020 8:41:12 AM PDT by 9YearLurker
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To: Phil DiBasquette

4 posted on 04/26/2020 8:41:50 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: PilotDave

Obamacare would have prevented all of this...

/s


5 posted on 04/26/2020 8:44:51 AM PDT by IncPen ("Inside of every progressive is a Totalitarian screaming to get out" ~ David Horowitz)
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To: 9YearLurker

Which leads me to believe the DS is successfully controlling the information flow to the President about this ‘crisis’. Of course, it could just be the bureaucrats are incompetent, lazy, ignorant wastes of space that couldn’t hack it in the private sector, but I prefer to believe it’s malevolence on their part.


6 posted on 04/26/2020 8:46:42 AM PDT by curious7
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To: PilotDave
I have a suspicion that there is another factor at work here: insurance companies.

Some of the big ones announced that they were waiving deductibles and copays for COVID-19 patients. They also said they weren’t going to ask the government for a bailout to cover these enormous expenses.

So how are they going to recover this money they’re shelling out? It’s easy ... they’ll just pressure their affiliated hospitals to delay or even cancel a whole bunch of other medical procedures that would cost them a lot of money in claims.

7 posted on 04/26/2020 8:46:57 AM PDT by Alberta's Child ("And somewhere in the darkness ... the gambler, he broke even.")
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To: Alberta's Child

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 ?


8 posted on 04/26/2020 8:49:19 AM PDT by George from New England
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To: 9YearLurker

Probably to fill the chronically shortage of nurses. It is a tough job and pay is mediocre. I was married to a nurse for a long time.


9 posted on 04/26/2020 8:51:07 AM PDT by entropy12 (You are either for free enterprise or want gov't to guarantee your wages.)
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To: PilotDave

Wait, you mean we shut down all medical services except COVID treatments but we don’t need these people after all??

You mean the fear mongers telling us to shut down all medical services were wrong??


10 posted on 04/26/2020 8:51:33 AM PDT by CodeToad (Arm Up! They Have!)
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To: George from New England

What about all the medicare $$$ flowing from Uncle Sam to these insurance outfits ?

I can’t get cataract surgery til fall, if then.


11 posted on 04/26/2020 8:52:11 AM PDT by George from New England
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To: PilotDave

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.


12 posted on 04/26/2020 8:52:39 AM PDT by PGR88
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To: entropy12

Pay’s actually pretty good, at least up here in the US. But imports always lower pay.

Just pay American nurses!


13 posted on 04/26/2020 8:52:45 AM PDT by 9YearLurker
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To: George from New England

You will love free healthcare by your federal government...

Check out how great the VA is!!!!!!!!!!!!!!


14 posted on 04/26/2020 8:53:21 AM PDT by Hojczyk
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To: PilotDave

its insane to close down 60 % of our hospital care

insane!

and this is hurting many millions of people and their health


15 posted on 04/26/2020 8:53:39 AM PDT by faithhopecharity ("Politicians are not born, they are excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: entropy12

https://www.google.com/search?q=average+salary+nurses+us&oq=average+salary+nurses+us&aqs=chrome..69i57.4750j0j4&sourceid=chrome&ie=UTF-8


16 posted on 04/26/2020 8:53:42 AM PDT by 9YearLurker
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To: Alberta's Child
So how are they going to recover this money they’re shelling out?

They only have our best interests at heart, because after all, they are the insurance companies. I'm sure they'll gladly forgo their profits so that we stay physically and financially healthy.

17 posted on 04/26/2020 8:53:50 AM PDT by Hardastarboard (Three most annoying words on the internet - "Watch the video")
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To: PilotDave

Isn’t that the truth! We lose thousands of hospital employees, then have a real pandemic, which will be really bad, hospitals will actually be overwhelmed


18 posted on 04/26/2020 8:54:46 AM PDT by nobamanomore
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To: entropy12

Oh, and stop requiring watered-down bachelor’s degrees for basic nursing.

Far better to have rigorous two-year programs than BS BS’s, if you will.


19 posted on 04/26/2020 8:55:00 AM PDT by 9YearLurker
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To: PilotDave

If it’s the only capable medical institution in an area expecting a massive overflow of covid patients, this might make sense. Otherwise, if they don’t have a problem with patients and/or staff spreading the virus, elective procedures should be back on the menu. (If patients themselves want to still put something off til later, that’s fine.)


20 posted on 04/26/2020 9:00:15 AM PDT by LouieFisk
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