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Illinois Valley Times

Saturday, November 2, 2024

Declining revenue forces OSF Healthcare to cut salaries, lay off staff during COVID-19 pandemic

Ward

File photo

File photo

OSF Healthcare – like many hospitals – has seen an uptick in patients while simultaneously experiencing a drop in revenue due to COVID-19.

In response to the loss in revenue, hospitals in Mendota and Ottawa and a health care facility in Streator are cutting administrative salaries and laying off employees who do not work directly with patients, according to the News Tribune.

Most staff members who don't interact with patients will either be put on mandatory paid time off or unpaid leaves of absence. those put on unpaid leaves of absence will be able to apply for unemployment benefits.    

Top executives will see their salaries reduced by 5 or 10 percent, according to the News Tribune.

With non-essential services being shut down, there has been a decline in surgeries, inpatient services and clinic visits in the hospital. OSF Healthcare is staffing based on patient volume.

Hospitals are also retraining certain employees on a voluntary basis to meet other areas of need as the coronavirus pandemic continues, according to the News Tribune.

OSF is preparing to transition some other its services to a virtual setting. The virtual program will be open to licensed clinicians, non-clinical staff, and providers. This will allow patients to be cared for in the comfort of their own homes.  

OSF operates 14 hospitals in Illinois.  

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