Facing mounting financial losses, PeaceHealth said in a statement Thursday that 99 people were let go from the health care system’s Vancouver-based Shared Services Center. That’s in addition to the 51 laid off in its Columbia Network.
“In line with our value of respect, we offer comprehensive transitional support consistent with our policies and practices to all impacted caregivers,” said Alison Taylor, director of strategic communications for the PeaceHealth health care system.
Taylor didn’t immediately respond to a request asking for the total number of layoffs across the health care system.
A representative for PeaceHealth’s Columbia Network, which includes its Longview and Vancouver hospitals and clinics, said on Tuesday that 51 of its employees were let go.
“PeaceHealth is actively responding to the significant challenges faced by health care organizations across the U.S.,” said Debra Carnes, senior marketing and communications director for the Columbia Network.
Carnes added that the nonprofit is also adjusting its operations and services to reflect changes in the communities it serves and to be “responsible to our healing mission into the future.”
Earlier this year, PeaceHealth reported a loss of more than $90.7 million in the six-month period ending on Dec. 31, 2022. That followed a nearly $117 million loss reported over the same period in 2021. Its credit rating was also downgraded in March by Fitch Ratings from an AA- to an A+ rating.