Mercy hospital system to cut jobs, restructure

Chesterfield, Mo.-based Mercy health system is cutting jobs in a restructuring move, according to the St. Louis Post-Dispatch.

The system attributed the cuts to lower Medicare and Medicaid reimbursement, as well as higher costs for labor, drugs and supplies.

"We are restructuring this week, reducing targeted positions and moving some co-workers into new roles," Mercy said in a statement to the Post-Dispatch.

"Our hearts and prayers go out to our affected co-workers and their families. They will receive help finding new jobs and a severance package, including compensation and benefits based on their position and length of service," the system said.

Mercy Health has 30 acute-care hospitals in Kansas, Arkansas, Missouri and Oklahoma. The cuts will occur throughout the system and are expected to affect less than 1 percent of Mercy's 45,000-member workforce.

 

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