Orlando Health Co. Cutting Up to 400 Jobs Because of Obamacare: Orlando Regional Healthcare, the second-largest healthcare operation in the Orlando area, said on Monday that it would cut its workforce by as many as 400 jobs – or as much as 3 percent – affecting all eight of its hospitals.
The move, the first since Orlando Health was founded in 1918, will affect such flagship hospitals as the Orlando Regional Medical Center and the Arnold Palmer Hospital for Children, the Orlando Sentinel reports.
The nonprofit company has about 16,000 employees.
"Health-care reform mandates and changes in reimbursement structures for Medicare and Medicaid are forcing health-care organizations throughout the U.S. to confront new challenges," Sherrie Sitarik, Orlando Health’s president and CEO, told the Sentinel. “We must find better ways to deliver enhanced value to patients and lower the overall cost of care.”
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