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161. Optum to transform clinics after layoffs: 'And we're just getting started', Amazon mulls tying healthcare to Prime: Insider + mo
Tune in for today's industry updates. ...20 September 2023 -
162. The reasons behind 14 hospital closures
... in 827 layoffs. 13. St. Margaret's Health-Peru (Ill.) closed Jan. 28, citing various financial and economic factors as well as a cyberattack, which prevented the hospital from being able to bill or get ...21 September 2023 -
163. Optum's biggest moves in 202
From layoffs at its clinics to making plans to acquire a home and hospice care provider, here are 10 of Optum's biggest moves this year: Optum said it will be rebranding two Seattle-based physician ...20 September 2023 -
164. Optum to transform clinics after layoffs: 'And we're just getting starte
... And we're just getting started." The rebranding news comes on the heels of layoffs at Optum. In August, multiple directors, regional vice presidents and senior managers posted on LinkedIn that they were ...19 September 2023 -
165. 3 biotech company layoffs
Here are three recent layoffs in the biotech sector that Becker's has reported on since July 25: 1. Biotech company 2seventy bio is cutting 176 positions — equivalent to 40 percent of its workforce. ...19 September 2023 -
166. Home health provider laying off 785 Alabama workers as it exits state
... at Home plans to cease operations in Alabama Sept. 30 when its annual contract with the state for services expires, according to the report. The layoffs — which affect employees scattered throughout every ...18 September 2023 -
167. What's going on at the VA? 52 Oracle Cerner implementation update
... job cuts were reportedly tied to the VA rollout. On June 22, the VA announced that it expected the installation to continue, despite the layoffs at Cerner. On June 27, the VA pledged to increase ...14 September 2023 -
168. Oracle stock slides amid Cerner revenue performance
Oracle stock dropped 12 percent on Sept. 12, the steepest drop since 2002, after the software giant reported lower-than-expected revenue, CNBC reported. Oracle executives blamed some of the financial ...13 September 2023 -
169. Michigan system enacts hiring freeze
... of its executive team. Four Sparrow executives have been laid off as part of the reorganization. No additional layoffs are planned as part of the restructuring, according to the health system. Peter ...13 September 2023 -
170. 4 ways health systems are rightsizing executive teams
... COO Rick Schaffner, RN, who had served in the role since 2015. Another example is Habersham Medical Center in Demorest, Ga., which laid off four executives. The layoffs were part of cost-cutting measures ...13 September 2023 -
171. Layoffs at Optum: 3 updates
Former employees with UnitedHealth Group's Optum and its subsidiaries took to social media in August regarding an unknown number of layoffs they say occurred across the company. Becker's has not confirmed ...11 September 2023 -
172. Central Health boosts budget to halt layoffs
... includes an $8.6 million reduction in operating expenses after the board approved 48 layoffs, eliminated 67 unfilled positions and cut various programs, KUT 90.5 reported Sept. 1. Employees in the United ...08 September 2023 -
173. California hospital issues layoffs
... to inland hospitals. At the time, the hospital wrote that it was pursuing collaboration with affiliate partners to not only save, but grow the service line. In the WARN notice dated July 31, the layoffs ...06 September 2023 -
174. Biotech company lays off 15% of staff
Absci, a company using generative artificial intelligence in the drug discovery process, laid off 30 employees or about 15 percent of its staff, GeekWire reported Sept. 6. The layoffs were related ...06 September 2023 -
175. Why an Illinois hospital CEO laid off 20% of its leadership
... revenue or reducing expenses this year. The August layoffs were a 5 percent cut of Memorial's total salary and benefits expenditures. According to Memorial, the layoffs affected the leadership, administrative ...31 August 2023 -
176. Recession giving way to 'richcession
... recession story, in which the lowest-paid workers are hit hardest. Unemployment is rising fastest amongst households making $125,000 or more, according to recent research from Bank of America. Layoffs ...31 August 2023 -
177. Chicago health center brings back laid-off workers in response to labor probe
Chicago-based Howard Brown Health has reinstated 24 employees after a National Labor Relations Board investigation spurred by layoffs that occurred in early 2023. The LGBTQ+ healthcare provider told ...30 August 2023 -
178. 'September Surge' is trendin
After a year of layoffs and a job market squeeze, prospective employees have high hopes for the month of September — at least, that's what TikTok says. Human resources content creators have taken to ...30 August 2023 -
179. 4 notable nurse layoffs in 2023
A difficult financial climate for health systems means not even registered nurses — in high demand amid a nationwide shortage — are immune from layoffs. Below are four layoffs Becker's reported on ...29 August 2023 -
180. 'Quiet cutting' in hospitals: Outsourcing may be 1 exampl
... may be leaning into a new workforce trend to avert more hard layoffs: "Quiet cutting." In an Aug. 27 article, The Wall Street Journal reported on the trend in which companies avoid hard layoffs but ...28 August 2023