The San Antonio system owned by Vanguard Health Systems, Nashville, is eliminating and consolidating positions to reduce its workforce, affecting 118 employees, according to a statement.
San Antonio system announces job cuts
The statement from Baptist Health System of San Antonio said the job cuts are the direct result of cuts in the Texas Medicaid program and the federal Medicare program, as well as uncertainty about the local economy.
None of the job cuts involved employees who provide care at the bedside, said Patti Tanner, a Baptist spokeswoman. The cuts leave the system with about 6,300 full-time equivalent positions, Tanner said.
The Baptist system includes five campuses and about 1,300 staffed beds.
Earlier this month, Nashville-based HCA said the Medicaid cuts that Texas implemented on Sept. 1 would cost the company approximately $80 million on an annual basis.
In March, Vanguard trimmed its corporate staff by 10%, affecting about 21 people. Earlier this month, Charlie Martin, Vanguard's chairman and CEO, said the company expects reimbursement and volume pressures to continue, and the company is going to manage its costs to volume and reimbursement weakness. Weak economic growth, lack of coverage and more financial responsibility on patients are all weighing on volumes, Martin said during a conference call to discuss the company's results for the quarter ended Sept. 30: “Surgeries that I would have told you a few years ago were not electives are showing signs that people are putting them off.”
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