The subsidiary shutdowns, which will go into effect this fall, are a response to state budget cuts that represent a $19 million loss over the next two years for St. Joseph. Recently, St. Joseph and other hospitals joined together in a lawsuit against the state’s budget cuts.
According to the report, the subsidiary shutdowns are just the first phase of job cuts at the hospital. Officials declined to share details on which hospital department could be cut next.
Read the report about cuts at St. Joseph Hospital.
Related Articles on Hospital Layoffs:
Idaho’s Portneuf Medical Center to Lay Off 30 Employees
S.C.’s Bamberg County Hospital Lays Off One-Third of Employees as Three-County Consolidation Fails
Exempla Lutheran Medical Center in Colorado to Cut Staff by 160 Positions
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.