Make us your home page
Instagram

Palms of Pasadena Hospital cuts staff by 5 percent

SOUTH PASADENA

Palms of Pasadena, one of 15 hospitals run by a Tennessee company, has trimmed its staff by 5 percent.

At least 25 staffers have lost jobs this year as the for-profit hospital reduces its labor costs, a spokeswoman said.

Palms of Pasadena routinely reviews staffing ratios and makes adjustments, she said.

"It's a great hospital. Things are doing very well there. It's business as usual," said Joanie Brady, corporate director of marketing for Iasis Healthcare.

The hospital shed the equivalent of about 25 full-time staffers through unfilled vacancies, firings and layoffs, Brady said. Most of the loss was among support staff, not clinical positions.

"These adjustments have no effect on patient care or the services the hospital offers," she said.

Palms, which has 307 beds, offers comprehensive services including emergency care. On average, it employs 465 people, Brady said.

Last week, Iasis Healthcare announced a stock repurchase of $120 million by its parent company, funded by excess cash. The repurchase "speaks to our financial strength and competitive positioning," said David White, Iasis chairman and chief executive officer.

Brady said she wasn't aware of any staffing changes at Iasis' other bay area hospitals, Town & Country and Memorial Hospital of Tampa.

All three bay area Iasis hospitals rated 51 out of 100 on the most recent Consumer Reports patient survey, released in September. The highest-rated local hospital, Morton Plant in Clearwater, rated 71 out of 100. The lowest-rated, Northside in St. Petersburg, rated 39.

Becky Bowers can be reached at bbowers@sptimes.com or (727) 893-8859. Follow her on Twitter at twitter.com/bbowerstimes.

fast facts

Palms of Pasadena Hospital

1501 Pasadena Ave., South Pasadena

Beds: 307

Employees: 465

Owner: Iasis Healthcare of Franklin, Tenn., since October 1999. Iasis also owns Town & Country Hospital and Memorial Hospital of Tampa.

Revenue: Iasis owns or leases 15 hospitals, and has annual net revenue of about $2.4 billion. Palms of Pasadena represents about 11 percent of its 2,853 beds.

Source: Iasis Healthcare

Palms of Pasadena Hospital cuts staff by 5 percent 01/25/10 [Last modified: Friday, March 12, 2010 2:55pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Report slams Pinellas construction licensing agency and leaders

    Local Government

    LARGO — The Pinellas County Construction Licensing Board mismanaged its finances, lacked accountability and disregarded its own rules, according to a scathing report released Wednesday by the county's inspector general.

    Rodney Fischer, the executive director of the Pinellas County Construction Licensing Board, resigned in January.  [SCOTT KEELER   |   Times]
  2. A meatless burger that tastes like meat? Ciccio Restaurants will serve the Impossible Burger.

    Food & Dining

    TAMPA — The most red-hot hamburger in the nation right now contains no meat.

    Ciccio executive chef Luis Flores prepares an Impossible Burger Wednesday at the Epicurean Hotel Food Theatre in Tampa.
  3. Construction starts on USF medical school, the first piece of Tampa's Water Street project

    Health

    TAMPA — Dozens of workers in hard hats and boots were busy at work at the corner of South Meridian Avenue and Channelside Drive Wednesday morning, signaling the start of construction on the University of South Florida's new Morsani College of Medicine and Heart Institute.

    Construction is underway for the new Morsani College of Medicine and USF Health Heart Institute in downtown Tampa. This view is from atop Amalie Arena, where local officials gathered Wednesday to celebrate the first piece of what will be the new Water Street District. The USF building is expected to open in late 2019. [ALESSANDRA DA PRA  |   Times]
  4. Tampa Bay among top 25 metro areas with fastest growing economies

    Economic Development

    Tampa Bay had the 24th fastest growing economy among 382 metro areas in the country for 2016. According to an analysis by the U.S. Bureau of Economic Analysis, Tampa Bay's gross domestic product, or GDP, increased 4.2 percent from 2015 to 2016 to hit $126.2 billion.

    Tampa Bay had the 24th fastest growing economy in the country for 2016. Rentals were one of the areas that contributed to Tampa Bay's GDP growth. Pictured is attorney David Eaton in front of his rental home. 
[SCOTT KEELER | Times]
  5. Tampa Bay cools down to more moderate home price increases

    Real Estate

    The increase in home prices throughout much of the Tampa Bay area is definitely slowing from the torrid rate a year ago.

    This home close to Bayshore Boulevard in Tampa sold for $3.055 million in August, making it Hillsborough County's top sale of the month. [Courtesy of Bredt Cobitz]