https://www.nytimes.com/2022/09/24/business/nonprofit-hospitals-poor-patients.html
Another one bites the dust
https://www.wthr.com/amp/article/news/local/ascension-st-vincent-dunn-hospital-closure-lawrence-county-indiana/531-7c03431d-c92d-4d2f-82d2-a4ad3f69fa9f
And the walls fell…
https://www.fiercehealthcare.com/providers/ascension-health-closes-2022-18b-loss-31-operating-margin
Any new rumors on layoffs?
The atmosphere is very tense and it looks like it will only get worse.
End of September
Heard Ascension is going to pull lever (toilet) on some extended partners by the the end of September.
Nonprofit Hospital CEO Compensation: How Much Is Enough?
https://www.healthaffairs.org/do/10.1377/forefront.20220208.925255/ "Last year, a hospital technician whose take-home pay was $30,000 per year contracted COVID-19 on the job. Upon his return to work, he was named employee of the month and given a $6... — read more
"Catholic hospital chain Ascension posted a -3.1% operating margin..."
https://www.documentcloud.org/documents/22415410-ascension-fy-2022 "Catholic hospital chain Ascension posted a -3.1% operating margin in its 2022 fiscal year that ended in June, new audited financial documents show. Ascension’s net margin was -6.6%... — read more
"Ascension loses almost 2 billion..."
https://www.modernhealthcare.com/finance/ascension-loses-almost-2-billion-year-expenses-climb
"Unsustainable losses..."
https://www.fiercehealthcare.com/providers/unsustainable-losses-are-forcing-hospitals-make-heart-wrenching-cuts-and-closures-leaders
Security breach
No news reports of the EMR breach. Anyone have any deets
19.7M Settlement
https://www.scmagazine.com/analysis/ransomware/after-kronos-fallout-ascension-hospital-settles-wage-dispute-lawsuit-for-19-7m
I don't want to do the work of two people anymore
I've been doing the work of two people for months, and now the manager somehow wants me to do even more. Ascension thinks it's ok to overload people and hope they won't leave. Well I've had enough and I've decided to give notice. I heard from someone... — read more
Ascension's Jacksonville Operations?
https://www.actionnewsjax.com/news/local/patients-say-st-vincents-is-firing-staff-shutting-down-clinics-letting-go-departments/N326Q7LEEJE25FX7HAK6F3V6MQ/
When the HCL contract is up for renegotiation
When the HCL contract is up for renegotiation, in your opionion, will Ascension renew it or will they go with some other cr---y company?
Feeling underpaid?
I feel very, very underpaid ever since I learned how much more some of my former colleagues are paid in their new companies. One of them is now paid twice as much and doesn't have as much stress either. Until I get a new offer, I will only be doing... — read more
Federal rules that govern tax-exempt healthcare operations have not been updated since 1969
"Federal rules that govern tax-exempt healthcare operations have not been updated since 1969..." https://www.modernhealthcare.com/article/20070514/NEWS/70511014/ascending-in-healthcare
Not even trying to retain anyone
More of my colleagues have left recently than in several years before. That should be alarming to any serious leadership. Of course, unless that is their ultimate goal, to have as many of us as possible leave voluntarily? I doubt there were any... — read more
Ascension I’m Racine Wisconsin
It’s a fire sale in Racine. Podiatry closed, Neurosurgery closed, cardiothoracic surgery is over, PCP layoffs, who knows who else will be on the chopping block. It’s a blood bath. It started with how awful they treated the nursing staff causing their... — read more
When executives leave a company in shambles
https://mobile.twitter.com/ryancohen/status/1544464038511656960
AH closes 11 Indiana urgent cares w less than 48 hrs notice
No reason has been given for the 6/30/22 abrupt closures announced on 06/29/22. AH did not divulge how many employess were impacted, just that they would be offered employment at other AH facilities.
Going downhill
I wonder where this company is going. What do you think? I don’t see that leadership has any good plan. Unfortunately.
They hired lots of freshers at Ascension.
They hired lots of freshers at Ascension. They can't do a conversion between time zones.
Studio cost good people jobs
Hear a lot about Eddie & Jerry and the whole studio project. Have yet to see anything relevant at the ground level from this expensive pet project. The execs pat themselves on the back about it, but hasnt the studio just been an expensive toy with... — read more
Massive losses
I’m leaving soon, but I’d love to hear sometime in the future that Ascension hasn’t reported massive losses. Will this ever happen?
He left because none of this was his idea
The outsourcing was Eddie and the Board. They think IT is too expensive, and Eddie thinks he knows what he is doing because MBA mmmKay? You could tell Eddie was sent in over Gerry's head to 'transform' IT with 'innovation', i.e. outsource to the... — read more
Gerry Lewis' replacement???
Apparently Gagan Singh has been named Ascension's new Senior Vice President and Chief Information Officer of Ascension. Anyone know anything about him? https://ascension.org/About/leadership/Executives/Gagan-Singh
Vitreol? No, more like criterial
No bitterness, no malice. Just the facts, man.
More directors positions?
I like to visit this forum sometimes, even though I left a few months ago. At one point I regretted leaving because it was a big change in my new company, but now I would never come back here. Is it really true that Ascension is planning to hire... — read more
Remote Support Team
I heard that HCL is implementing a Remote Desktop Support Team or a Level 2 Team to handle software installs and other issues that can be fixed remotely in theory. Didn't Ascension try this a couple years ago and it failed with in house Field Service... — read more
When does HCL contract expire
Does anyone know when the HCL contract expires?
Where's Waldo?
Anyone else in the Peloton Clique leave for 'other opportunities'?
Who is left to cut?
Some mention upcoming layoffs, but I really don’t see who is left to be cut.
Extended partners
Did anyone make the mistake of taking a job with the extended partners?
Be prepared for layoffs
Any kind of a loss is usually met with cuts because the leadership knows that's the easiest way to get the numbers up once again. It's lazy and unimaginative, but it's what's going to happen. Sadly, those who do the most work will be shown the door... — read more
No signs that there could be improvements
I don't see that anything could improve here soon. Is anyone feeling any optimism about this place?
"HCL's contract is being terminated."
"HCL's contract is being terminated."
Interesting entanglements
https://www.google.com/amp/s/wallmine.com/people/2245/eduardo-f-conrado.amp
Ascension Health IS Form 990
https://projects.propublica.org/nonprofits/organizations/651257719
In other news: "Ascension posts $884M quarterly loss"
May 2, 2022 St. Louis-based Ascension reported higher expenses in the three months ended March 31 and ended the quarter with a loss, according to financial documents filed April 29. The 143-hospital system reported operating revenue of $6.69... — read more