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UMC CEO says hospital faces significant financial challenges

Reported by: Venise Toussaint
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Updated: 8/22/2014 11:10 am

LAS VEGAS (KSNV – Lawrence Barnard, the chief executive officer of UMC, says the hospital is facing significant financial challenges and needs to make tough decisions in order to stay afloat.

“This is a very difficult position to be in,” he said. “It's not something that an institution like UMC wants to do.

“The goal is to get us some breathing room for the next year to two years.”

The hospital announced Wednesday that it will lay off nearly 300 people.

UMC received $71 million in subsidies from Clark County this year, which is $30 million more than it received last year.

The county-owned hospital will drop outpatient oncology, its outpatient pharmacy, and the Lied Adult Care and Lied Pediatric Care Centers.

In addition, the hospital will relocate its outpatient rehabilitation center to UMC’s main campus, reorganize the Family Resource Center, and implement “identified departmental efficiencies” to balance next year's $500 million budget.

Employees affected will be notified by UMC in the coming weeks. The hospital plans to shut down the out-patient services late next month.



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