Reading Health System Lays Off 210 Employees

Map of Pennsylvania highlighting Berks County

Map of Pennsylvania highlighting Berks County (Photo credit: Wikipedia)

The parent company of Reading Hospital, Reading Health System, laid off 210 employees today as part of a cost-cutting plan that also will eliminate an additional 181 jobs through attrition and change the employee retirement package from a defined-benefit pension to a 401(k) plan.

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

Also, fewer patients are getting elective surgeries because the patients themselves have been laid off or experienced reductions in their medical benefits, said Therese Sucher, chief operating officer.

The cuts are in part due to the 2010 Affordable Care Act, or Obamacare, which required hospitals to implement electronic health records so all patients and physicians have immediate access to patient information.

Read more:   http://readingeagle.com/article.aspx?id=470221

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