Layoffs

Mercy

Mercy Springfield is laying off workers.  According to a statement from Mercy, the decision to cut down its workforce was made because the healthcare system “continues to be challenged by reduced reimbursement” for the services it provides, “especially from Medicare and Medicaid which do not fully cover the costs of care.”

The statement said Mercy is also seeing increased expenses for labor “in an increasingly competitive job market,” and it’s impacted by rising costs for drugs and supplies as well.

University of Missouri Chancellor Alexander N. Cartwright, Vice Chancellor Rhonda Gibler for Finance and Interim Provost Jim Spain announced budget cuts for the upcoming 2019 fiscal year, which begins July 1. This included a general revenue reallocation of $45 million, with cuts ranging from 5 to 12 percent across departments at MU.