Livonia-based Trinity Health announced it will lay off 10.5% of employees from its revenue cycle department across 15 states including Michigan, though a spokesperson could not confirm how many Michigan employees were impacted.
In a statement, Trinity said that Revenue Cycle is a shared service department of all Trinity Health locations. “Like other health care providers across the country, we are navigating significant challenges, including low reimbursement that doesn’t cover the cost of care, critical staffing shortages, and the rising cost of care for underinsured and uninsured patients.”
Revenue cycle positions typically involve medical coding and billing.
The statement goes on to say that Trinity has a responsibility to remain financially sustainable, requiring the health system to consider new ways to reduce costs. “After careful and thoughtful analysis, certain non-patient-facing-revenue cycle functions will be transitioned to an external partner. Supporting these colleagues through this transition with care and respect is our priority.”
Trinity employs around 133,000 people across 25 states.
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