North Ridge to lay off 405
North Ridge Medical Center has notified the state of its intent to layoff 405 employees by June 1.
The Oakland Park hospital was recently bought by Holy Cross Hospital, which said last week it would close the 322-bed facility within 90 days.
Holy Cross said it has a team working with affected employees to help them locate jobs within its ministry and through workshops, outplacement services and job fairs.
North Ridge -- which opened in the mid-1970s -- reported a net loss of $37.6 million on revenue of $90.6 million to the Agency of Health Care Administration for 2006. It had a 26.4 percent occupancy rate -- among the lowest in South Florida -- and had been owned by Dallas-based Tenet Healthcare Corp. Tenet has one additional hospital in Broward County, five in Palm Beach County and four in Miami-Dade County.
Holy Cross, which owns a diagnostic treatment center across the street from North Ridge, posted a 2006 loss of $234,473 on revenue of $249.9 million. The 571-bed hospital has had an occupancy rate of 45.6 percent and more than 2,800 employees. It is sponsored by the Sisters of Mercy.
The Oakland Park hospital was recently bought by Holy Cross Hospital, which said last week it would close the 322-bed facility within 90 days.
Holy Cross said it has a team working with affected employees to help them locate jobs within its ministry and through workshops, outplacement services and job fairs.
North Ridge -- which opened in the mid-1970s -- reported a net loss of $37.6 million on revenue of $90.6 million to the Agency of Health Care Administration for 2006. It had a 26.4 percent occupancy rate -- among the lowest in South Florida -- and had been owned by Dallas-based Tenet Healthcare Corp. Tenet has one additional hospital in Broward County, five in Palm Beach County and four in Miami-Dade County.
Holy Cross, which owns a diagnostic treatment center across the street from North Ridge, posted a 2006 loss of $234,473 on revenue of $249.9 million. The 571-bed hospital has had an occupancy rate of 45.6 percent and more than 2,800 employees. It is sponsored by the Sisters of Mercy.
Labels: Florida, layoffs, North Ridge Medical Center
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