Memorial Health Care System announced layoffs and restructuring plans today, laying off about 70 employees, or less than 2 percent of its workforce, according to a news release.
Memorial President and CEO James Hobson cited the economic downturn and reforms spurred by the federal health care law as reasons for the layoffs.
“Hospitals across the nation are faced with decreasing reimbursement from commercial payers while the number of Medicare enrollees swells,” he said in the news release.
“At Memorial we’ve implemented initiatives to sharpen our focus on the core competencies of the health system and achieve best in class in quality, cost, and the patient experience,” Hobson said.
Memorial is a nonprofit hospital owned by Catholic Health Initiatives.
Mariann Martin covers healthcare in Chattanooga and the surrounding region. She joined the Times Free Press in February 2011, after covering crime and courts for the Jackson (Tenn.) Sun for two years. Mariann was born in Indiana, but grew up in Pennsylvania, Tennessee and Belize. She graduated from Union University in 2005 with degrees in English and history and has master’s degrees in international relations and history from the University of Toronto. While attending Union, ...
