News

Layoffs planned at Reading Hospital

Written by The Associated Press | Apr 16, 2013 5:27 PM
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(Reading) -- The parent company of Reading Hospital has announced the layoffs of 210 employees as part of a cost-saving plan that will also eliminate another 181 jobs through attrition.

The plan will also change the employee retirement package from a defined-benefit to a 401(k) plan.

Hospital officials are citing changes in the national health care system, including cuts in Medicare and Medicaid reimbursements to hospitals.

Chief operating officer Therese Sucher also says fewer patients are getting elective surgeries due to layoffs or reduced medical benefits.

Sucher also notes a federal health care reform requirement that hospitals implement electronic health records so patients and physicians have immediate access to patient information.

She says "easily about 65 percent" of the reductions are clerical staff.

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