(HCA does not own any hospitals in Massachusetts, but does have three in New Hampshire. FRAMINGHAM, MA — The Dallas-based company that operates three major for-profit hospitals in Worcester and MetroWest is ordering furloughs for nurses and medical workers as the coronavirus pandemic cuts into revenue-generating services like elective surgery.Meanwhile, Tenet Health CEO Ronald Rittnemeyer's compensation rose 62 percent in 2019 to over $24 million. The company had some $350 million in excess cash at the end of 2019, and in April began the process of refinancing debt to increase borrowing capacity to $2 billion. He also earned about $350,000 in perks, like use of the company jet ($50,000) and a personal car and a driver ($15,000). "Other local hospitals like Milford Regional Medical Center and UMass Memorial Health Care have not announced any staff cuts since coronavirus began. "1794 silver dollar worth $10M for sale by New Jersey dealer; 'This coin is the Holy Grail'Ruby Tuesday has shut down more than one-third of its restaurants this year as the chain buckles under pandemic pressures and an aging customer baseTenet Healthcare Furloughs Hit MA As CEO's Pay SkyrocketsShow full articles without "Continue Reading" button for {0} hours. According to state figures, Saint Vincent was caring for 52 coronavirus patients as of Monday, including 15 who were in the intensive care unit.Saint Vincent began negotiating on furloughs with the MNA on April 10, but those talks broke down April 15. A hospital spokeswoman sent a statement to Patch emphasizing that any Saint Vincent furloughs will be voluntary. Samuel Hazen, the CEO of Tenet competitor HCA Healthcare, received a compensation package worth about $26.7 million in 2019. "On April 10, there was a discussion with the MNA and mandatory furloughs were discussed as the MNA indicated they might oppose letting nurses volunteer for furlough," the statement read. "Tenet's board of directors — which includes former Democratic U.S. Sen. Robert Kerrey and retired Army Gen. Lloyd Austin — designed the compensation packages for Rittenmeyer and other executives. A "say on pay" vote might force the board to reassess executive compensation.Other Tenet executives are taking pay cuts of between 10 and 20 percent in April, May, and June. This notice is to inform you that your position is included in this furlough and, as such, you are being placed on a... — read more The local impact of Tenet's furlough plan came to light last week when the Massachusetts Nurses Association, which represents nurses at Saint Vincent Hospital, rang the alarm.

Employees learned of the cuts, caused by a reduction in elective surgeries, in a letter sent to Tenet Healthcare staff on Wednesday. His base salary this year is $1.5 million. On May 28, Tenet shareholders will hold an advisory vote on executive compensation. In the meantime, Saint Vincent is using a practice called "flexing" to reduce the number of nurses on shift, he said. Saint Vincent CEO Carolyn Jackson, for example, is taking a 10 percent cut during that time, a Tenet spokesperson said.

St. Vincent Hospital in Worcester, which is owned by Tenet Healthcare of Dallas, said Thursday all the furloughs would be voluntary. CEO Ronald Rittenmeyer described the furloughs as temporary and resulting from the virus’s “acute” impact on the company’s business.“These are difficult but necessary decisions in navigating near-term uncertainty that will eventually come to an end,” he wrote in the letter.

"In rare situations where employees cannot be redeployed and need to be sent home, we offer a plan that allows workers to be paid 75% of their standard weekly hours.”Irving-based Christus Health implemented furloughs for an unspecified number of its employees. They will continue to receive job benefits.Medical Center Hospital in Odessa has furloughed 30 employees. The employees worked in areas where services were suspended or cut back.Odessa Regional Medical Center has furloughed about 60 employees, and another 50 are on reduced hours. But Rittenmeyer's salary is just a fraction of his total compensation.In 2019, Rittenmeyer earned a $1.2 million base salary, nearly $7 million in bonus pay and $16 million in stock awards. Tenet executives said most of the affected employees work in corporate and non-patient care positions, and will keep their health care benefits during the furlough.

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