Los Angeles, California-based Cedars-Sinai Medical Center, one of the largest nonprofit academic medical centers in the United States, has announced a cost-reduction initiative.
The reduction in force will impact 131 nonpatient care employees, including pharmacy technicians, administrative support staff, patient service representatives, and management employees. Cedars-Sinai has also cut approximately two dozen employees at other Cedars-Sinai-related entities.
According to a hospital spokesperson, “Despite our high volumes of inpatient and ambulatory care, the gap between our revenue and expenses is growing — the result of underpayments from government insurance programs and the rising costs of caring for patients, among other factors. We appreciate that these changes are difficult and painful, and we have taken every step possible to avoid them."
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