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UnityPoint Health to furlough some employees, reduce executive pay

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PEORIA (WEEK) -- Citing challenges and volume declines amid the novel coronavirus pandemic, UnityPoint Health announced it will be implementing temporary reductions in hours and limited furloughs for its employees.

Salary reductions for executives will also take place, according to a statement by a spokesperson Tuesday.

The following changes are to take place starting April 26:

  • Short-term, limited reduction in hours for administrative, support, ancillary and clinical team members and leaders;
  • Reduction in hours available to work or furloughs for those areas that are not operating at capacity or experiencing closures; and
  • 15% average reduction in executive pay.

Officials said those affected by the actions will be provided resources such as a continuation of benefits and financial assistance "where applicable."

The healthcare network says it has already paused elective services, deferred or delayed all capitol projects, and reduced all unnecessary spending, according to the statement.

“The COVID-19 crisis has challenged UnityPoint Health as a care provider and as an employer,” said UnityPoint Health President and CEO Kevin Vermeer. “While we remain focused on providing the best care possible for our patients, it’s critical we conserve our resources wherever possible. These changes in our workforce are needed to ensure we can continue meeting the healthcare needs of our communities into the future.”

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