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As many of you may know, there has been a lot of recent news about Beth Israel Deaconess Medical Center's financial crunch, and its creative efforts to cut costs, and just as importantly, avoid personnel layoffs, in this challenging economy.
Paul Levy, BIDMC's CEO, has provided an open and transparent forum for discussion on the topic, and his actions have led to media coverage both locally and nationally. On many fronts, Paul's leadership, the generous response of the staff, and the Medical Center at large, have been positioned as a shining example of how companies and organizations can approach difficult times with compassion and creativity.
Communication from Paul Levy, CEO, BIDMC
March 16
Good Progress in Budget Deliberations:
An e-mail from Paul Levy to the BIDMC community
Dear BIDMC,
It has been a very busy couple of weeks, with thousands of you attending town meetings and sending suggestions to me personally or on our chat page. As promised, here’s my analysis of the options we have considered and suggestions for going forward. This is going to be a long message, so grab a cup of coffee while you read it. I apologize if I don’t address each and every idea that has been suggested, but I am pretty sure I will cover the major ones. At the end of this e-mail, I will tell you how you can best provide input into the next stage of this process…Click here to read more.
In the News
April 2
BIDMC Featured on the NBC Nightly News with Brian Williams
President and CEO, Paul Levy, and several BIDMC hospital employees give viewers a behind the scenes look at how staff members are uniting to transcend challenging economic times as Beth Israel Deaconess Medical Center was featured on "Making A Difference" in an NBC Nightly News segment. Click here to watch the video.
March 30
BIDMC Honored as Top 100 Hospital
Beth Israel Deaconess Medical Center is the only Massachusetts hospital included on the "100 Top U.S. hospitals" list, released on March 29 by the healthcare business of Thomson Reuters. The Thomson Reuters 100 Top Hospital National Bechmark study recognizes hospitals based on their overall organizational performance, including mortality, medical complications, patient safety, average length of stay, expenses, profitability, cash-to-debt ratio, patient satisfaction, and adherence to clinical standards of care. The study has been conducted annually since 1993. For a complete list of all the hospitals on the review, please go here.
March 12
Boston Globe Article: “A head with a heart”
Written by Kevin Cullen
It was the kind of meeting that is taking place in restaurant kitchens, small offices, retail storerooms, and large auditoriums all over this city, all over this state, all over this country.
Paul Levy, the guy who runs Beth Israel Deaconess Medical Center, was standing in Sherman Auditorium the other day, before some of the very people to whom he might soon be sending pink slips. In the days before the meeting, Levy had been walking around the hospital, noticing little things…Click here to read more.
March 18
Click here to view the Boston Herald article "Beth Israel Pares Job Cuts."
March 19
Click here to view the Boston Herald article "Lesson in Cost Cuts."
March 5
Click here to watch a segment on WGBH-TV with Paul Levy, interviewed by Emily Rooney about the salaries of hospital CEOs and the overall financial conditions of hospitals.
March 20
Click here to read an article and watch a video from WBZ about Doctors pitching in to save jobs at BIDMC.
Comments from the Community
A reaction to the Boston Globe article "A Head with a Heart":
I just want to congratulate Paul Levy and the employees of Beth Israel Deaconess Medical Center for their altruism toward their fellow employees who would have been the first to lose jobs as a result of the economic crisis affecting all of us. They understand that we all must be willing to give a little for all boats to remain afloat. This should be a lesson for other groups who seem to be circling the wagons and resisting this obvious solution to what is, hopefully, a temporary setback. This is exactly what President Obama has asked us to do, and the people at Beth Israel have responded beautifully.
Byron C. Coffin; Brookline
Click here for more comments about the recent press surrounding BIDMC and Paul Levy
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