Community Medical Centers announced Tuesday it will lay off about 150 employees, or about 2% of its workforce, because its revenues have been depressed by the weak economy and national health reform.
The Fresno-based health system made the announcement in a statement posted on its Web site.
Chief Executive Tim Joslin said the health system has a shortfall of more $30 million for the first eight months of its current fiscal year and is substantially behind where it was last year. He attributed the decline to fewer insured patients and reductions in payments for state and federal health insurance programs.
Joslin's statement said staff reductions will be made at Community's medical facilities and its corporate staff. In addition, some employees will have their hours reduced.
Community Medical Centers operates hospitals, outpatient facilities and long-term care facilities in Fresno, Clovis and Oakhurst.