Memorial Health to lay off 20% of leadership

Springfield, Ill.-based Memorial Health has laid off 20 percent of leadership positions and hundreds of employees due to “current national and statewide economic trends,” the Jacksonville Journal-Courier reported Aug. 8.

Advertisement

In addition to the layoffs, Jacksonville (Ill.) Memorial Hospital will close its transitional care unit as part of the health system’s restructuring.

“This is a difficult decision that was made after careful analysis and implementation of other cost-saving measures,” Memorial Health President and CEO Ed Curtis told the Journal-Courier. Memorial Health is not immune to national trends, such as rising cost of supplies and equipment, high cost of labor and shifting trends in payer reimbursements.” 

Read more about the layoffs here.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in News

Advertisement

Comments are closed.