The Detroit-based hospital system is the latest in a string of medical providers to announce deep staff cuts as the coronavirus pandemic dries up revenue streams.
Beaumont Health, the state’s largest health system, blamed the dramatic cuts on losses incurred during the pandemic, which forced it to cut revenue-generating procedures to handle the surge. CEO temporarily cuts his own pay 70 percent.
More than 1 in 4 Michigan residents are worried about being able to put food on their table, and more than half of all laid-off or furloughed workers are unsure how they’ll feed their families, according to a new statewide poll conducted amid the coronavirus pandemic.
Programs set up to help businesses decimated by the coronavirus shutdown have run out of money or halted applications. One Michigan business owner thought his application for a portion of $349 billion in federal stimulus was set only to learn the money ran out.
From metropolitan health systems to independent rural hospitals, hospital budgets are taking big financial hits as surgeries and other money making medical procedures are put on hold.
Local governments across Michigan are beginning to lay off and furlough workers as they brace for a “perfect storm” of increased spending demands and revenue shortfalls resulting from the COVID-19 pandemic that has ground the economy to a halt. The state — facing its own projected $7 billion hole — is in no position to help.
Economists are struggling to find words to describe stunning job losses they’re seeing in the state, and they don’t know how many more will follow during the economic lockdown in a pandemic
SLIDESHOW: Hundreds of cars descend on downtown Lansing to protest Gov. Gretchen Whitmer’s stay-home order. Protesters say the new limits go too far and infringe on liberties. Whitmer says they’re necessary to save lives.
Despite adding capacity, food banks throughout Michigan are running out of food, crushed by the hunger created by the pandemic’s economic strain.
Dwindling surgeries at McLaren Macomb blamed for layoffs of nurses as the coronavirus impacts the finances of hospital systems around Michigan.
As hospitals in COVID-19 hotspots are in a bidding war for critical care nurses while laying off others, experts say a mismatch of labor needs and supply during the pandemic has serious consequences.
The crush of 1 million new claims is rapidly depleting Michigan’s unemployment fund, which could force the state to borrow money. Jobless workers would still get checks, but Michigan may have to raise business taxes to repay the debt, slowing any recovery.
The end of Michigan’s coronavirus nightmare may be in sight, but ‘we need to get this right,’ Gov. Gretchen Whitmer said Monday. The business shutdown from the virus has left more than 1 million residents jobless.
As the coronavirus decimates hospital revenues, the Detroit Medical Center notifies 60 lab assistants and more they are being laid off, while McLaren is exploring cost-cutting measures and furloughs.
Despite widespread complaints over a sluggish website and slammed call center, the Michigan Unemployment Insurance Agency successfully processed 817,185 initial benefits claims between March 15 and April 4, second only to the more populous state of California.
Your guide to unemployment and other payments as Michigan deals with the devastating economic impact of a deadly virus
Do you need help with food or cash through this coronavirus crisis? Want to know where to go to help? We have a list of Michigan resources.
More than 300,000 Michigan residents filed unemployment insurance claims last week, an unprecedented surge amid the coronavirus pandemic that has forced business closures, prompted mass layoffs and overwhelmed the state filing system.
Nationally, more than 3.2 million Americans filed for unemployment insurance benefits last week. That was more than four times the previous recorded high of 695,000 initial claims in October 1982.
Attorney General Dana Nessel says she’s overrun with complaints about Gov. Gretchen Whitmer’s stay-at-home order, while unemployment claims burden state systems. The confusion is even causing suburban police to investigate clothing stores to ensure they’re closed.