Indianapolis-based Indiana University Health plans to cut 800 employees from its workforce by Dec. 1, according to an Indianapolis Business Journal report.
The layoffs will affect seven of the system's hospitals, including IU Health Methodist Hospital, IU Health University Hospital and Riley Hospital for Children in Indianapolis; IU Health North Hospital in Carmel, IU Health Saxony Hospital in Fisher, IU Health Tipton (Ind.) Hospital and IU Health Ball Memorial Hospital in Muncie, according to IBJ.
The layoffs are part of IU Health's plan to cut $1 billion from its budget. "With more than 50 percent of our costs related to labor, and in the face of declining reimbursements and fewer people being admitted to the hospital, we have regrettably concluded that a workforce reduction is necessary," IU Health Methodist Hospital CEO Jim Terwilliger told IBJ.
Affected employees, including both administrative and clinical staff members, will be notified Oct. 1.
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