Jefferson Health restructures organization amid financial challenges
Jefferson Health is the latest system to undertake a restructuring amid a challenging financial environment.
The Philadelphia-based nonprofit is consolidating five divisions into three - the north, central and east regions. A spokesperson said the changes will "streamline processes and optimize our health system." The spokesperson did not respond to questions regarding job cuts resulting from the reorganization.
More health systems are choosing to reorganize as labor pressures and inflation continue to squeeze hospital operating margins. Washington-based nonprofit Providence said in July it was consolidating its seven divisions into three to help reduce overhead costs. A few months later, Nashville, Tennessee-based for-profit HCA Healthcare announced it was changing its corporate struc...