New York City's Health & Hospitals Corp. to Cut 500 Jobs, End Physician Contracts
May 11, 2010
New York City's public Health & Hospitals Corp. announced it will cut 500 additional jobs and end contracts with a "significant" number of physicians, according to a report by the Wall Street Journal.
The job cuts will affect all employee groups and are in addition to the 1,300 job cuts already made by the health system. A number of HHC's 500 full-time physicians will also be cut, but most nurses will remain employed. HHC's current budget requires 2,400 job cuts in the next four years, according to the report.
HHC's plan to reduce costs also includes the closing of a dental clinic and five children's health clinics, but all 11 acute-care hospitals will remain open, according to the report.
Read the Wall Street Journal's report on the Health & Hospitals Corp. layoffs.
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