St. Joseph\u2019s Healthcare Hamilton has announced the elimination of 24 positions in an effort to offset a nearly $18.7 million deficit from the last fiscal year.<\/p>\n
\u201cWe are currently forecasting a deficit for the 2026-27 year. As a result, we must make difficult but necessary decisions to strengthen our financial sustainability and protect our ability to continue delivering high-quality care for our community in the years ahead,\u201d Dr. Mike Heenan, president and CEO of the hospital network, said in a statement.<\/p>\n
Heenan said the hospital has identified an extra $5.3 million in operational savings, $1.4 million involving administrative savings including supplies and $3.9 million related to staffing.<\/p>\n
\u201cIn total, 11 vacant positions and 13 non-vacant positions will be eliminated for a total of 24. To help offset any further pressures on our budget, we have identified an additional $1.1 million in new revenue-generating initiatives,\u201d he said.<\/p>\n
Over the past year, St. Joseph\u2019s Healthcare Hamilton studied their patients\u2019 specific needs to ensure they have enough and a variety of health-care workers available.<\/p>\n
The review showed that while their patient care remains high-quality, they still need to better match their staff to their patients\u2019 specific needs. As a result, they are updating the clinical staffing plans in a few departments.<\/p>\n
\u201cThese changes will result in a reduction of 57 positions (ONA) with an associated reinvestment of 80 positions (16 ONA, 52 CUPE and 12 OPSEU), resulting in 23 additional positions in areas of critical need,\u201d Heenan said.<\/p>\n