The three-hospital health system faced a 3 percent deficit in its operating budget, according to the report.
In addition to layoffs, the system also put a freeze on hiring efforts as well as wages. Southcoast will also look into consolidation and eliminating repetitive programs.
More articles on hospital layoffs:
Franklin Medical Center cuts inpatient beds, 59 jobs
8 latest hospital, health system layoffs
St. Vincent Health to close long-term care hospital, affecting 83 employees
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.