Geisinger Health System Freezes Open Positions

Map of Pennsylvania highlighting Montour County

Map of Pennsylvania highlighting Montour County (Photo credit: Wikipedia)

Geisinger Health System this spring temporarily froze about 400 open positions, bracing for an estimated $50 million reduction in profitability in fiscal year 2015.

The decision reflects cuts in federal reimbursement payments and the health system’s effort to extensively evaluate each opening, officials said.

About 225 positions remain unfilled, with about 30 percent of those jobs located in Northeastern Pennsylvania, said chief human resource officer Amy Brayford in an emailed statement.

She said the openings span the entire health system, which serves more than 2.6 million residents across 44 counties in central and Northeastern Pennsylvania. Most of the positions do not provide direct patient care.

Geisinger Health System employs about 21,000 people.

Read more: http://citizensvoice.com/news/geisinger-freezes-open-positions-1.1714049

United States Postal Service Racks Up Another HUGE Loss

USPS service delivery truck in a residential a...

Image via Wikipedia

The United States Postal Service just ended their fiscal year on September 30th.  During that time period, the USPS lost $5.1 BILLION.  The only reason this figure was not $10.6 BILLION is because new legislation allowed the USPS to delay a $5.5 billion payment to a retiree health benefit fund.

The USPS needs to cut another $20 billion by 2015 to move back into the black.  On the table are more post office closings, dropping Saturday delivery, taking on non-mail related business and reducing retiree health costs.

The USPS saw their income drop about $1.4 billion dollars over the previous year.