Mercy Health to lay off workers amid reimbursement decline

St. Louis-based Mercy Health will embark on a restructuring plan that includes layoffs, according to The Springfield News-Leader.

The health system, which operates in four states, said the restructuring is due to financial pressures, including declining reimbursements from Medicare and Medicaid.

About 1 percent of the health system's 45,000 workers will be affected, according to the report.

Mercy didn't describe the  roles that would be eliminated, but said the company will cut "targeted positions."

Affected employees will receive severance packages, and Mercy will help them find new jobs, the health system said.

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