Due to a 32.7 million dollar budget cut initiated by Governor Phil Bryant, UMMC was forced to let go 195 employees and eliminate 85 unfilled positions.
The job cuts were spread throughout UMMC, and a number of faculty members took pay reductions as well.
“The people who lost their jobs are good,hardworking people who will be missed as team members, and we appreciate their service,” said Dr. Lou Ann Woodward, vice chancellor for health affairs and dean of the School of Medicine. The Medical Center has identified $24 million in savings through a combination of reduced spending and enhanced revenues to be realized by June 30, the end of the fiscal year. That includes the job reductions, all spread proportionately across the organization.
“We have arranged outplacement services to assist them with job searches, benefits or transition to retirement, when applicable,” Woodward said.
Savings of $24 million won’t completely solve the Medical Center’s current financial problems, Woodward said. “We expect these pressures on our revenues to continue, so our emphasis on efficiency, growing revenues and finding new ways to provide the same or better services at a reduced cost will continue through fiscal year 2018.”