Spokane7
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August 5, 2009 in Business, City
Shriners Hospital to cut nine workers
Nine workers at Spokane’s Shriners Hospital for Children will lose their jobs and 13 others will see their wages reduced, the hospital announced today.
The cuts follow a July review by the board that oversees all 22 Shiners hospitals nationwide. Huge losses in the charity’s endowments forced the board to consider at one time shutting six hospitals including Spokane’s.
The downtown hospital, at 911 W. Fifth Ave., treats children with orthopedic conditions.
Built in 1991 for $20 million, it operates with about 170 workers and has 30 beds. It has six inpatient visits per day, on average.
“We are saddened to lose part of our team, but we are in a position where we have to make changes across our system in order to meet the financial needs of our organization,” Gene Raynaud, Spokane’s hospital administrator, said in a release.
Roughly half the Spokane hospital’s $13 million budget comes from the Shriners endowment. The rest is funded through donations.
In response to the decline in finances, Shriners administrators have said they will collect money from insurers and taxpayer-subsidized health programs for the first time.
City consolidating management of its land in effort to save money 
jerrysw on August 05 at 3:10 p.m.
Is that the Shoe Shiners endowment? I think a word was left out of that article or maybe just a letter or two!