Ozarks Healthcare announced Tuesday they have reduced its workforce by approximately 130 full-time equivalent positions due to inflation. Officials states 30 of them were vacant positions with another 30 positions changing from full-time to part-time. Additionally, Ozarks Healthcare is restructuring throughout the organization to decrease expenses.
According to Becker’s Hospital Review, healthcare organizations across the United States have laid off more than 40,000 people within the first seven months of 2023 siting inflation and higher cost of labor as the culprit.
Tom Keller, Ozarks Healthcare President and CEO stated “Our mission has always been and will remain to provide exceptional and compassionate care to all we serve and we are deeply committed to that mission. This means we must take the difficult steps and measures to meet these challenging times so we can ensure our financial stability.”
Ozarks Healthcare is a not-for-profit health system who has served over 160,000 across south-central Missouri and northern Arkansas for 64 years.
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