Trident Health lays off 35: Medicaid cuts cited
Trident Health System laid off 35 full-time workers, including clinical staff, to cope with Medicaid cuts the state announced a week ago, officials of the hospital owner said Monday. The cuts in Medicaid reimbursement rates are expected to lead to an annual loss of $2.1 million for Trident Health System, which operates Moncks Corner, Summerville and Trident medical centers, spokesman Bob Behanian said in a statement. The layoffs come from The Trident and Summerville facilities and reflect about 2% of the hospital system's 1,800 employee work force, Behanian said. No future layoffs are anticipated and no reductions in patient services have been announced, he said. The hospitals will continue "to fill positions in areas where employees are needed," he said. Todd Gallati, Trident's CEO, said in statement: "Reorganizations are always difficult, but the significance of the state's cuts to the Medicaid program caused us to act in the best interest of the overall health of the organization."
- Providers Lag as Consumers Set Agenda
- Look Beyond Nurse-Patient Ratios
- Reform Puts Vise Grips on Physicians
- Esther Dyson Launches Population Health Challenge
- Crisis Spurs Healthcare Payment Reform in Arkansas
- Hospital Groups Back NQF Report on Patient Sociodemographics
- ICD-10 Delay Alters Provider, Vendor Prep
- Medicare Opt-Out a Viable Physician Strategy
- NPP Demand Rising Under Value-Based Care Models
- Reduce Readmissions by Activating Patients to Do 'Self-Care'