When we pull together we can reach our goals. It looks like will meet our third quarter (April, May, June) patient visits and SFO targets. I wanted to express my appreciation for all your help and hard work.
At the end of June, 97.8 percent of SFO days were taken (with 1,647 hours to go) by many members of the team! Others contributed with a variety of suggestions and ideas on ways to cut costs. Thanks to your dedication on SFO (Scheduled Furlough Off) we saved enough in salary dollars and expenses in the three months to save 35 jobs from layoffs.
In the worst national recession in 30 years, patient visit volumes dropped as patients limited or postponed medical care. As a team we needed to reduce expenses and match staffing to patient visits. Again, your cooperation, compassion and willingness to help during these challenging times has truly made a difference. It is a tribute to the character of our employees and the commitment to our values at McLeod.
While this was a sacrifice, it did help us protect job security and eliminate the need for reductions in our work force. I understand very well that many of our people live within tight budgets and have a great deal of financial commitments. However, this furlough translated into saving dozens of jobs and more than $2 million to offset budget shortfalls resulting from this difficult economic time. The furloughs were scheduled during a time when census is typically low. The link to a Letter to Employees this past spring about the Furlough is attached below.
In the last quarter of the year (July, August, September) we will continue to be vigilant over expenses and allow those who were unable to take all of their SFO to catch up so we can reach 100 percent of our goal.
I wanted to again take this opportunity to thank you for your part. As we face this national recession together, may we find encouragement in our service of others.