FOR IMMEDIATE RELEASE
August 24, 2010
CONTACT:
Joyce Gibson, Administrative Organizer
Cell Phone: 304-617-3678
ASHLAND, KY - It has been weeks since 77 employees received notice from Kings Daughters Medical Center that they would be placed on lay off when management 'made the very difficult decision to reduce the number of team members the medical center employs'1, but employees have yet to receive any information to back up claims for financial hardship.
Request for financial documents supporting Kings Daughters' statements of economic distress caused by the recession facing our community have only been met with delay tactics. However, publicly available earnings documents reveal the possible reasoning behind the lack of transparency with the public.
Based on KDMC's most recent publically available quarterly financial statement for the period ending December 31, 2009, it shows that the hospital had a 22% increase in total unrestricted revenue over the same period in the prior year. In the same period the hospital also realized a 54% increase in net operating income. KDMC_FY2010_Q1.pdf
"The employees of the hospital are concerned that management is making decisions that could place the quality care at risk at KDMC," said Joyce Gibson, Administrative Organizer with SEIU District 1199. "The long term effects to the care of our community may be adversely affected by short term financial decisions."
"KDMC has been listed as one of the Top 100 employers in the country," said Gibson. "Management should provide information showing their justification for laying off 77 hard working employees and the services they provide to the community."
SEIU District 1199 plans to file additional charges with the National Labor Relations Board for failure to provide information, adding to current charges already filed against KDMC for unfair labor practices against employees.
1: Direct quote from KDMC statement regarding layoffs.
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