Why some doctors are getting fired, and some are not
Mayo Clinic has been shedding jobs.
The health care system has seen some major cuts in the last few years, and the largest part of the savings is in the form of health care professionals.
The company said in a statement that it is laying off 1,300 people.
There’s been a lot of talk about the healthcare system, especially after the election, with some healthcare professionals calling for a “national healthcare system.”
Mayo Clinic said in the statement that the cuts are part of a plan to simplify operations and to better integrate its community health clinic network.
We’ve also made significant investments in clinical facilities, which will help us provide more care to our patients, our community, and our community partners, Mayo Clinic CEO David Ritchie said in an interview with Bloomberg.
“As a health care provider, I believe it’s critical for us to make this transition as quickly as possible,” he added.
The Mayo Clinic system has been under pressure to shed jobs, as the health care industry has been losing its competitiveness.
In the last several years, the company’s annual revenue has declined by more than 25% and its profit margin has fallen from 8.5% to 3%.
That was partly due to the health services cuts and the loss of a handful of specialty clinics in its Atlanta headquarters, but also because of the increase in Medicare and Medicaid spending.