Baystate Health eliminates 134 leadership positions

Baystate Health eliminates 134 leadership positions 
Modern Healthcare; by Hayley Desilva; 11/13/24 
Baystate Health [in Massachusetts] has eliminated 134 leadership positions as part of a larger cost-saving effort amid financial challenges. The cuts will affect less than 1% of the system's workforce, the system said in a statement Wednesday. Some of the affected positions are vacant roles that will not be filled. Baystate accumulated an estimated $300 million in operating losses between 2020 and 2023, which led it to reevaluate finances and eliminate the leadership positions. "As a system, we are driving toward transformational change to deliver core operations improvements of more than $225 million over the next two years," Baystate Health said. "Our transformation will allow us to invest $1.2 billion back into our team members, renovations, growth, access, and our community over the next six years."