Providence Oregon Cuts 150 Jobs After $255 Million Operating Loss

Amid workforce challenges and regulatory pressures, Providence, Oregon, announced that 150 positions, mostly non-clinical roles, across its acute care ministries, Providence Medical Group, and Providence Health Plan, will be eliminated.

The healthcare provider is focusing on financial stability and workforce challenges as part of ongoing efforts to balance revenue and expenses across all health systems.

Providence Health Plan and Providence Health Assurance cover around 550,000 people through commercial, Medicaid, and Medicare Advantage plans, but Providence Oregon posted an operating loss of nearly $255 million through the end of September.

The latest round of layoffs comes after 600 full-time-equivalent positions were cut in June, when mass layoffs at Providence sparked outrage from the Oregon Nurses Union. These included 134 clinicians and administrative staff in Oregon.

The positions affected by the current round of layoffs mainly do not involve direct patient care, but Providence has not disclosed which services or locations would be affected.