Providence Regional Medical Center Everett (Wash.) plans to cut 150-175 jobs by the end of October, according to a Snohomish County Business Journal report.
The job cuts are in response to a budget shortfall caused by lower Medicaid reimbursements, lower patient volumes and higher uncompensated care. In order to limit the number of involuntary layoffs, the hospital will set forth a voluntary layoff program that features severance, continuation of benefits (depending on seniority) and job search assistance, according to the report.
Not all employees who apply for a voluntary layoff will be allowed one.
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The job cuts are in response to a budget shortfall caused by lower Medicaid reimbursements, lower patient volumes and higher uncompensated care. In order to limit the number of involuntary layoffs, the hospital will set forth a voluntary layoff program that features severance, continuation of benefits (depending on seniority) and job search assistance, according to the report.
Not all employees who apply for a voluntary layoff will be allowed one.
Related Articles on Hospital Layoffs:
St. Francis Medical Center in New Jersey Lays Off 37 EmployeesOswego Health in New York Eliminates 28 Positions
Bluefield Regional Medical Center in West Virginia Announces 12 Layoffs