Austin, Texas-based Seton Healthcare Family will cut 129 jobs as it divests certain hospital revenue cycle department functions, according to an Austin American-Statesman report.
Here are three things to know.
1. The layoffs, which were announced in a letter to the Texas Workforce Commission, are slated to occur between Jan.9 and Jan. 22 and will be permanent. "The permanent layoffs are due to the closure of several functions within Seton hospital revenue cycle department related to billing, cash posting, customer service, payer followup, pre-service and transcription," Seton said in its letter to the workforce commission, according to the report.
2. Sixty-eight of the layoffs will occur at the Seton administrative offices in Austin, 33 at Seton's Chevy Chase office in Austin, 22 at the Seton Medical Park Tower in Austin and six at Seton Smithville (Texas) Regional Hospital, according to Seton, part of St. Louis-based Ascension.
3. Seton provided the Austin American-Statesman with the following statement: "We announced plans in fall 2016 to consolidate local revenue cycle operations — billing, collecting, financial customer service — and this consolidation will officially occur Jan. 1, 2017. Consistent with our values, we've been working with affected employees to match them with other opportunities in our organization, as well as provide transition support, which may include severance and outplacement."
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