Mercy announces job cuts

Mercy on Thursday announced that it will be cutting jobs due to reduced Medicaid and Medicare reimbursement rates and increased labor and supply costs. The Chesterfield-based hospital system said the changes affect less than 1% of Mercy's 45,000-member workforce and have notified the employees over the last two weeks. "While we will not compromise the outstanding quality of care we provide to our patients, we must work as efficiently as possibl e," Mercy said in a statement. "That is why we are…
Source: bizjournals.com Health Care News Headlines - Category: Health Management Authors: Source Type: news