Mayo Clinic announces salary cuts, furloughs

They’ll begin after April 28.


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  • | 9:52 a.m. April 11, 2020
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Mayo Clinic announced Friday it would be “taking necessary steps to reduce expenses,” which includes furloughs of some staff and salary reductions after April 28. 

Until then, employees will receive full pay and benefits. 

“Mayo Clinic is facing unprecedented challenges as a result of these circumstances, including a financial impact that requires significant adjustments to our operations,” a statement from the hospital read.

Mayo Clinic announced it would postpone elective care across its campuses on March 17. The clinic says that was the right decision, but “eliminated most of our revenue at the same time we are making critical investments to develop and expand testing, conduct research to help stop the pandemic, and realign our facilities and care teams to  treat COVID-19 patients.”

On March 31, Mayo Clinic Florida announced it would ramp up its COVID-19 testing capabilities to be able to test more than 1,000 specimens daily. It also enlisted autonomous vehicles to transport specimens from the testing site to the laboratories on campus. 

On April 2, the city issued a permit for Mayo Clinic Florida’s $65 million, six-story Mayo North addition.

A spokesman said construction's been "significantly reduced or stopped except where it impacts patient safety."

“We will work with our teams over the coming weeks to ensure that our staff are supported, that the duration of this disruption is as limited as possible, and that we are ready to ramp up quickly and resume full operations when it is safe to do so,” the statement said. 

 

 

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