Escondido, Calif.-based Palomar Health is laying off 84 employees, about 2 percent of its workforce, according to an NBC 7 report.
Michael Covert, Palomar Health president and CEO, cited lower reimbursement rates, sequestration's cuts to Medicare, patient satisfaction scores and lower census levels as the reason for the labor cuts, according to information from a board of directors meeting in May. He also noted the system is looking into cutting costs elsewhere as well, not just from labor.
It was unclear which employees would be let go. Affected employees were given 60-day notice, according to the NBC 7 report.
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Michael Covert, Palomar Health president and CEO, cited lower reimbursement rates, sequestration's cuts to Medicare, patient satisfaction scores and lower census levels as the reason for the labor cuts, according to information from a board of directors meeting in May. He also noted the system is looking into cutting costs elsewhere as well, not just from labor.
It was unclear which employees would be let go. Affected employees were given 60-day notice, according to the NBC 7 report.
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