Athenahealth Job Cuts Hit Atlanta Office Just days after the healthcare IT company athenahealth, Inc (NASDAQ:ATHN) shared plans to slash its workforce, the first string of layoffs has hit its employees in Georgia. Athenahealth is closing its client support center in Atlanta, GA, leading to dozens of athenahealth job cuts in the city.
Hospitals to Close in L.A. The Pacific Alliance Medical Center (PAMC) will be shuttering when its lease expires, leaving 638 employees without jobs. The hospital is being closed due to California’s seismic standards, which would require massive reinvestment into the facility. The hospital was also the target of a federal whistleblower lawsuit that saw the company (more…)
Massive Decrease in Healthcare Spending with New Attempt at Healthcare Reform About $180.0 billion would be lost by the 32 states that chose to expand Medicaid to provide for low-income individuals under the Affordable Care Act (ACA), while states that had opted not to expand their coverage will receive an extra $73.0 billion from 2020 to (more…)
Centegra Health System announced plans to lay off 131 employees and outsource another 230 jobs after announcing significant financial losses for the year ended June 30, 2017. The Crystal Lake, Illinois-based company said the layoffs will not affect medical staff, but will impact support and administrative workers.
More than 420 cases of a deadly outbreak of hepatitis A have been reported since last November in San Diego, California. The dangerous but preventable disease, which is spread through fecal contamination and attacks the liver, has ravaged San Diego’s homeless and illicit-drug-using population, leading to 16 deaths and nearly 300 hospitalizations.
Budgets Cuts to Department of Health a Serious Concern for Montana Families Families of disabled children fear losing medical assistance if the State of Montana goes ahead with its proposed budget cuts to Medicaid programs.
The State Finds Its Coffers Running Dry, Unable to Support Government Programs The governor of Pennsylvania, Tom Wolf, is delaying more than $1.7 billion in Medicaid and public pension payments that were set to come in on Friday and Monday, as the state struggles with finances and the government’s main account has emptied.
Connecticut Demands State Money Back from Alexion as It Moves Jobs to Boston U.S. drugmaker Alexion Pharmaceuticals, Inc. has announced plans to slash its global workforce by 20% in a cost-saving effort. As part of these plans, the company is moving its headquarters to Boston by mid-2018. This news disappoints Connecticut state officials, who awarded financial (more…)
Caregivers Protest Against Budget Cuts to Medicaid in Montana Montana’s Department of Public Health and Human Services (DPHHS) is proposing to cut funding to Medicaid, which will result in healthcare providers receiving lower payments for their services. About 100 opponents of the proposed budget cuts gathered in front of the state legislative committee on Monday.
Florida Insurers May Not Be Able to Survive the Storm As Hurricane Irma begins to make landfall in Florida and devastate much of the coast and major cities like Miami, Florida insurers are getting battered as well, with the possibility that they may not be able to make the payments a looming threat.