The Loyola University Health System in west suburban Maywood Tuesday said it will cut more than 440 jobs, or about 8 percent of its work force, amid the recession and an economic downturn causing an influx of patients who cannot pay their medical bills.-Wes
For example, the number of patients who cannot pay their bills has increased by 73 percent the medical center's expenses on charity care to $31.3 million from $18.1 million for the nine-month period ended March 31.
Tuesday, May 12, 2009
In the Recession, Health Care is Not Immune
Big layoffs were announced today at Loyola University Medical Center: