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Tuesday, February 19, 2019  Spokane, Washington  Est. May 19, 1883
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News >  Business

Shriners announces 9 layoffs

Wage cuts also part of hospital’s plan to make up for endowment shortfall

Nine workers at Spokane’s Shriners Hospital for Children will lose their jobs and 13 others will see their wages reduced, the hospital announced Wednesday.

The cuts follow a July review by the board that oversees all 22 Shriners hospitals nationwide.

Huge losses in the charity’s endowment forced the board at one time to consider shutting down six hospitals, including Spokane’s.

The hospital, at 911 W. Fifth Ave., treats children with orthopedic conditions.

The current facility, which cost $20 million and opened in 1991, employs 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, the Spokane hospital’s administrator, said in a press 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.

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