Kentucky One Health facing possible layoffs

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by WHAS editors

WHAS11.com

Posted on January 28, 2014 at 6:00 PM

LOUISVILLE, Ky. (WHAS11) -- Kentucky One Health could be considering cuts or layoffs in the future. Officials said they are facing unexpected changes in reimbursement and a rising cost of healthcare.

The president and CEO posted a YouTube video about the challenges they face over the next two years. It is posted below.

The company said they must improve their performance by $218 million before the end of the 2015 fiscal year.

Kentucky One Health formed when Jewish Hospital and Saint Mary's Healthcare joined with Lexington-based Saint Joseph Health System back in 2012.

They also manage University Hospital.

There's still no word on when or even if the layoffs could happen.

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