In what is being called a slap at President Barack Obama and his Obamacare, the world-famous Cleveland Clinic is cutting thousands of jobs and cutting $6 billion from its annual budget due to Obamacare, according to a Reuters report on Wednesday.
On July 22, 2009, Obama used the Cleveland Clinic as well as the Mayo Clinic as examples of how he claimed Obamacare – the Affordable Care Act – would improve such facilities. At that time, Obama said:
So part of what we want to do is to free doctors, patients, hospitals to make decisions based on what’s best for patient care – and that’s the whole idea behind Mayo, that’s the whole idea behind the Cleveland Clinic.
Obviously, some four years later, Obamacare is harming the staff size and finances of the institution he praised as ‘working well’ at that time.
Eileen Sheil, who is the Executive Director of Corporate Communications at the Cleveland Clinic Foundation, said that there will be workforce reductions from its current employee base of 44,000, as well as early retirement options for 3,000 eligible employees, reduction of operational costs and a harder look at filling alleged job vacancies. She asserts that the medical facility knows it’s going to be reimbursed less under Obamacare.
The Cleveland Clinic – the second largest job-provider in Ohio after Wal-Mart - is known for treating celebrities such as former Italian Prime Minister Silvio, musician Lou “Walk on the Wild Side” Reed, and former Olympic gold medal-winning skater Scott Hamilton. The medical facility has approximately 100 location in Ohio and employs 3,000 doctors. The main facility of the Cleveland Clinic is well-known for cardiovascular and cancer treatments.
Obamacare goes into effect on Oct. 1, 2013.