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Des Moines hospital announces layoffs

by KIX101.1 /1230 KFJB News Department posted May 16 2014 10:03AM

DES MOINES, Iowa (AP) — A Des Moines health care system has laid off 29 employees because of losses blamed on low insurance payments.

Thursday, Mercy Medical Center announced, it was laying off the workers as part of an effort to reduce payroll costs by $15 million.

Mercy President Bob Ritz wrote in a memo to employees that the cuts were needed due to financial difficulties he blamed in part on low payments from public and private health insurance organizations. He says some positions also are being kept vacant and some employees are being allowed to voluntarily reduce their hours.

Ritz noted the layoffs were a small percentage of the roughly 7,000 people employed by Mercy.

Filed Under :
Location : Des MoinesIowa
People : Bob Ritz
05/16/2014 10:05AM
Des Moines hospital announces layoffs
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