St. Vincent

Publication date: Mon, 11/03/2008

St. Vincent's HealthCare plans to eliminate 100 staffed positions because of reimbursement decreases and cost increases. The positions are being eliminated as part of an expense management plan in which officials of the health system hope to improve strategic growth with a major investment of capital and operating funds. Employees affected by the cuts are to be notified when their specific team's work is finalized. The new strategic plan includes regional growth and continued growth along well-established service lines. The recent expense management project aims to be more efficient for the health system's overall performance with sustainable expense reductions.