Multispecialty medical group and physician staffing firm Envision Physician Services informed the Florida Department of Economic Opportunity March 30 it will be laying off 90 healthcare workers from its Clearwater office, according to an April 1 news report from the St. Pete Catalyst.
Envision Physician Services, which is owned by Envision Healthcare, recently lost its contractual relationship with several New York hospital clients, resulting in a negative financial impact for the physician staffing firm.
The layoffs also follow Envision Healthcare receiving a corporate credit rating downgrade from Moody's Investor Service, which warned in late 2022 Envision could file for bankruptcy or restructure, the report said.
The laid-off employees were not represented by a union and include physicians, nurse practitioners and physician assistants.