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St Vincent Cuts Over 800 Jobs

St. Vincent Hospital officials have announced that they will be cutting approximately 850 jobs across their 22-hospital system in Indiana.

Many of those that are a part of the 5% cut will be eligible for severance packages and support.

The hospital says that they have experienced lower than budgeted volumes and decreasing reimbursement and are taking proactive steps to respond to changes in the future with the implementation of Obamacare.

It is not currently know if any employees at St. Vincent Clay Hospital in Brazil will be affected.

St. Vincent has over 17,000 employees across the state.