JLF Piedmont Triad Blog

Re: Baptist eliminating 950 jobs

Wake Forest Baptist Hospital is eliminating 950 jobs, in response to the ‘changing healthcare landscape’:

The center said that it is changing its cost structure to better match the challenges posed by health care reform, federal budget deficits and a decline in federal research funding.

The center said that, even with expansion of health care coverage that will come with health care reform, it and other hospital systems are bracing for a 10 percent reduction in reimbursements to health care providers over the next two to three years.

Indeed, Obamacare is here to stay. With that in mind, note N.C. State professor Michael Walden says Baptist’s announcement is “likely to be repeated across the state and nation.”

2 Responses to “Re: Baptist eliminating 950 jobs”

  • Nov
    15
    2012

    Grandpa and Granny better go ahead and schedule the knee and hip replacements.

    So the need for health care services are rising, but we are cutting staff?

    Move along folks, nothing to see here.

  • Nov
    16
    2012

    “So the need for health care services are rising, but we are cutting staff?” Exactly, this is what was predicted if Obamacare was allowed to stand. Medicare reimbursements were cut to help fund Obamacare. So, medical providers will be reimbursed less for their services, so they will have to reduce their costs. People are the big part of your costs. Yes, the need for health care services will increase as a result of adding 30 million people to the system. Doctors are flowing out of a system that was already overloaded. What could go wrong? Don’t say that people were not warned, but voted for Obama anyway because they liked the concept of Obamacare.

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