Business & Finance

Abington Health-Lansdale Hospital Employees Among 95 Being Laid Off, Having Hours Reduced

51c3cf78fe773d8b2b20_hospital_abington.png
51c3cf78fe773d8b2b20_hospital_abington.png

A total of 95 employees employed by Abington Health System, which includes Lansdale Hospital, faces either layoffs or reduced work hours, announced Abington Health Thursday.

Montgomery News reports the actions will affect 80 full-time and 15 part-time employees.

The layoffs and reduction in hours occur July 1. Hours could be reduced from 80 to as much as 72.

Sign Up for E-News

Read more here.

According to Abington Health CEO Laurence Merlis, the changes are due to declining insurance reimbursements and less people being admitted to area hospitals.

According to Philadelphia Business Journal, Lansdale Hospital had $79.3 milion in revenues in 2013 and a net income of $3.6 million.

Abington Health is the newest health system to join the trend of layoffs and reduction in work hours. Crozer-Keystone, Mercy and Lourdes health systems all announced layoffs and eliminations of jobs recently.

TAP Into Another Town's News:

You May Also Be Interested In

Sign Up for E-News

North Penn