Sun, Jul 05 2009
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Published September 24, 2008 08:06 pm - By Tiffany Green STAFF WRITER Jim Weidner, president and CEO of Cullman Regional Medical Center, attempted to ease employee concerns about budget cutbacks at a series of employee meetings last week. Weidner: Economy ‘taking its toll’ CRMC reports $3.5 million loss for fiscal year: CEO says no layoffs planned The Cullman Times By Tiffany Green
STAFF WRITER Jim Weidner, president and CEO of Cullman Regional Medical Center, attempted to ease employee concerns about budget cutbacks at a series of employee meetings last week. “We have no calls for layoffs,” Weidner said. Weidner met with employees to answer questions they had about the cost reduction plan the hospital is putting into place soon. “The economy is taking its toll on industry, and the hospital is no different,” Weidner said. The hospital reported a $3.5 million loss for the fiscal year ending June 30. This is $500,000 more than the hospital originally reported. Weidner said the main reasons for the loss are write-offs from patients with no insurance who do not pay their bills, along with the loss of hospital investments in stocks and bonds which have been affected in the pension plan and malpractice fund. The total loss in investments has been $800,000. “The economy has actually hurt us more than we reported,” Weidner said. Weidner discussed four areas that will be included in the cost reduction plan. “The first area is making sure we have the right number of staff to handle the volume of patients we see,” Weidner said. This will include some departments being asked to reduce the number of hours of some workers, starting with part-time employees, Weidner said, some of the highest costs come from part-time employee. One of the departments already cutting back is the Human Resources Department. Weidner said Jim Miller, who was Vice President of Human Resources was let go two weeks ago. “I made the decision to eliminate his position,” Weidner said. “It had nothing to do with Jim’s competency.” 
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