University of California San Francisco Medical Center and UCSF Benioff Children's Hospital are planning to cut 300 full-time jobs to lower healthcare costs, according to a San Francisco Business Times report.
Officials said the layoffs are necessary to prepare for the onset of healthcare reform and other challenges. UCSF is still in the midst of building a new $1.5 billion hospital campus at Mission Bay.
UCSF Medical Center CEO Mark Laret and COO Ken Jones sent a memo to employees this week regarding the workforce reduction. "As national healthcare leaders, [the medical centers] must strategically invest our dollars to improve care, grow our market share, plan for reduced payment increases and lower our total costs overall," according to the report.
UCSF Medical Center employs roughly 8,000 people throughout its locations in San Francisco, including outreach clinics in northern California. A timeframe for the layoff plan was not provided.
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Officials said the layoffs are necessary to prepare for the onset of healthcare reform and other challenges. UCSF is still in the midst of building a new $1.5 billion hospital campus at Mission Bay.
UCSF Medical Center CEO Mark Laret and COO Ken Jones sent a memo to employees this week regarding the workforce reduction. "As national healthcare leaders, [the medical centers] must strategically invest our dollars to improve care, grow our market share, plan for reduced payment increases and lower our total costs overall," according to the report.
UCSF Medical Center employs roughly 8,000 people throughout its locations in San Francisco, including outreach clinics in northern California. A timeframe for the layoff plan was not provided.
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