Providence Health and Services' Southwest Washington region has announced several of its facilities, including Providence St. Peter Hospital in Olympia and Providence Centralia (Wash.) Hospital, may see some layoffs, according to an Olympian report.
The planned layoffs are in reaction to the state's cuts to healthcare programs, including Medicaid payments to hospitals. Although the health system has not yet announced details, officials extended a voluntary separation incentive, which is a severance package featuring a bonus based on length of employment, according to the report.
In addition to the voluntary separation incentives and planned layoffs, the health system has taken on other cost-cutting measures, including reducing supply costs.
Read the news report about Providence Health and Services' layoffs.
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The planned layoffs are in reaction to the state's cuts to healthcare programs, including Medicaid payments to hospitals. Although the health system has not yet announced details, officials extended a voluntary separation incentive, which is a severance package featuring a bonus based on length of employment, according to the report.
In addition to the voluntary separation incentives and planned layoffs, the health system has taken on other cost-cutting measures, including reducing supply costs.
Read the news report about Providence Health and Services' layoffs.
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