Tuesday, February 15, 2011

Grady Memorial Hospital to cut 100 jobs

ATLANTA - Officials say Grady Memorial Hospital will cut 100 jobs and might consider trimming programs to deal with a $25 million shortfall in federal funding.

Hospital officials tell the Atlanta Journal-Constitution the layoffs will not include doctors or nurses. Officials say the layoffs are expected to save the hospital about $6 million.

Grady CEO Michael Young told board members on Monday that the downtown Atlanta hospital is seeing one of its largest-ever reductions in government funding. He said this comes at a time when the recession has spurred greater numbers of uninsured patients.

Young said the layoffs likely will happen over the next several weeks.

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Information from: The Atlanta Journal-Constitution, http://www.ajc.com

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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