A large North Carolina hospital and a suburban Chicago system are the latest to trim their payrolls and point to revenue pressure from the federal healthcare reform law as a primary cause.
At Mission Hospital in Asheville, N.C., the belt-tightening hits the C-suite, including the CEO's salary.
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Highmark's turn to try to stanch losses at Pittsburgh's West Penn Allegheny Health System has begun.
Roughly 260 workers at the health system were laid off today and another 200 vacant jobs were eliminated. The four-hospital system, the hub of Highmark's new eight-hospital Allegheny Health Network, has hemorrhaged cash and lost patients in recent years. Now the system must shrink accordingly, said Dan Laurent, an Allegheny Health Network spokesman.
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Boehner
A week after the Obama administration announced a yearlong delay in the healthcare reform law's employer mandate, House Republicans are demanding that the White House explain why it hasn't extended the same reprieve to individuals and families.
“Healthcare costs are going through the roof. I think Sen. Baucus had it right—this is a train wreck,” House Speaker John Boehner (R-Ohio) said Tuesday during a news conference on Capitol Hill, referring to the Montana Democrat's limited remark about the implementation of health insurance exchanges.
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Job cuts in healthcare are hardly rare these days, but St. Vincent Health's newly announced layoffs in Indiana will certainly grab some eyeballs.
St. Vincent, a Roman Catholic provider and part of St. Louis-based Ascension Health Alliance, announced it would cut 865 jobs, according to the Indianapolis Business Journal.
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