Crozer-Keystone to Lay Off 250, Including Physicians
Financially beleaguered Crozer-Keystone Health System in Springfield, Pa., has announced it will eliminate 250 positions, according to a report by The Inquirer.
The job cuts will affect physicians and several managers, according to the report. Affected employees will receive severance and continued benefits.
The five-hospital system has experienced decreased admissions, lower Medicare and Medicaid reimbursements and an increase in visits from patients who are uninsured or covered by Medicaid, according to The Inquirer. This led to the system losing $15.7 million since July 1.
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