I really don't know what's happened at corporate, but from what has been coming up in direct emails, it doesn't bode well for the whole. Seems budgetary cuts are the way of life, and what is the simplest solution?....Cut personnel.
The events described in this blog have never seemed remotely close to how the Merrimack Valley Hospital was being run. The MVH folks were mostly proud of how Essent had turned the old Hale Hospital into a respected medical institution in the Valley. The only people that were fired or laid off were people that largely deserved it.Personnel cuts only work in the short term--as many companies have found. Now, what begs the question: What are they getting ready for? A buy? A sale? Or did they over commit with their promises to the communities in their building programs? To make a new hospital, are they robbing Peter to pay Paul?
It now seems that Essent has, with the hiring of a new CEO and COO, joined the rest of the Essent hospitals by putting the value of employees at the very bottom of their priorities list.
In the past, the administration would not even consider lay-offs as a means to remedy a poor earning quarter. The new COO has been heard boasting in the hallways of his prowess at his former jobs at slashing employment and saving the day. If the rumors of 50 coming layoffs are true, it would appear the new CEO has been slapped around by the Nashville crowd sufficiently to consider layoffs the quickest way to their dreams of how much this facility should be earning.
Hopefully more to come as events unfold but sign me: "a soon to be ex-employee"
As I said, personnel cuts are a fast fix for the lazy. Finding root causes of expenditures is harder, but longer lasting. Thinking out-of-the-box might be cliche, but it would seem that their CEO/COO team had found a nice corner of theirs to hibernate in.