Chesterfield, Missouri-based Mercy Health, a non-profit faith-based health care provider, has announced a major restructuring and cost containment effort that will eliminate 300 to 350 positions company-wide, the majority of which are leadership positions. The decision was driven by a reduced patient census and reimbursement rates.
A company spokesperson noted, “Over the past decade, while we have made good progress in adapting to a constantly shifting health care landscape, the challenges we face require us to move faster than ever in keeping pace with change and meeting the evolving needs of our communities. Financially, Mercy faces increasing challenges to our reimbursement structure as we adjust to reductions mandated by the Affordable Care Act and other budget cuts, as well as the lack of Medicaid expansion in most of our states. Clinically and culturally, there continue to be opportunities to further standardize care and operational practices, in order to support the highest levels of quality and safety, as well as minimize the cost of variation. In light of all of these factors, Mercy is in the process of simplifying our organizational structure and realigning our workforce in order to gain efficiencies and reduce costs. Exceptional patient care, quality and safety will continue to be our priority. Mercy is committed to keeping our ministry strong and vital, both for our co-workers and our communities. “
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?