The layoffs, which occurred last week, mainly affect administrative and management positions, the hospital’s CEO told the publication.
Affected employees received severance packages and support from the company’s employee assistance program.
“The staffing changes, impacting less than 1 percent of our workforce, will have no impact to services,” MemorialCare Long Beach CEO John Bishop told The Grunion. “We have no further changes in staffing planned at this time, although as is standard in hospital operations, we evaluate and adjust staffing levels based on patient volume.”
More articles on healthcare finance:
West Virginia health system gets bankruptcy plan approved; has -120 days cash on hand in Q2
Children’s Healthcare of Atlanta extends furloughs until November
ProMedica posts $234.7M profit
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
