Greed Is Good!!!

And the employees will pay for your greed….by losing their jobs:

Layoffs will be “far reaching.”

What happened here: A hospital about 15 miles from there closed in June of 2008.

There was a movent to reopen it.  Englewood’s stance was that their hospital would lose too much revenue and admissions if the hospital was permitted to reopen.

They were locked in a battle with another facility to stop the opening. No deal; the hospital is opening and they can do nothing about it.

Looks to me like all of the attorney’s fees and other incidentals to stop the reopening of the hospital took a huge financial toll…and now the middle class  at Englewood will pay for it by losing their jobs.

Do you think the staff that’s laid off will find another job, comparable in salary and seniority and rank and benfits package to what they have now? Doubtful.

Nurses and allied health staff are not being hired in this neck of the woods. And there are other hospitals that are floundering — their closure is a possibility. So they can’t even try there for jobs.

Greed is Good! Let’s have some more…

3 thoughts on “Greed Is Good!!!”

  1. And in other news, Colorado State University at Pueblo has picked nursing for their FIRST doctoral program. Classes start in about a week. They have awarded masters degrees in nursing for some years. Okay, okay, they might have been given it by the legislature. Now, I know that creeping credentialism is a huge problem, but nursing, for the first doctoral program, in a town that has only two hospitals, neither of which is attached to the university?

  2. Will a cheap hospital actually pay you what you are worth if you attain a masters or a doctorate degree? I am guessing no.

    The only worthwhile places paying real money for a medically-related staffer are pharmcos… and we know what’s happening to them.:(

  3. The problem is more and more people are getting more advanced degrees, which not only makes the degree worthless, but then requires more to get them. At this point Bachelors are pretty much worthless and the amount of people working jobs that don’t require them is astounding.

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