Parkland Memorial Hospital in Dallas will lay off 108 employees and eliminate 200 more unfilled jobs, according to The Dallas Morning News.
The cuts affect about 2.4 percent of Parkland's workforce, and about 87 percent of the cutbacks involve non-clinical workers, hospital officials told The Dallas Morning News.
The cuts come as the hospital faces a significant reduction in federal reimbursement in the coming fiscal year. Parkland expects a $40 million loss next year from Medicare, Medicaid and programs for the uninsured. The hospital will see Medicaid payments shrink significantly, as Texas is one of the states that chose not to expand Medicaid under the Affordable Care Act.
Parkland Memorial will also receive less property tax revenue next year, as Dallas County Commissioners recently voted to reduce the amount area property owners pay per $100 valuation for Parkland Memorial, according to the report.
Despite its financial troubles, Parkland Memorial's board unanimously approved a $1.5 billion budget for 2017. Hospital officials predict Parkland will have a $52 million budget shortfall in the coming year.
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