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Tenet to cut regional management layer in reorganization

Tenet to cut regional management layer in reorganization

As the company endures softening hospital admissions, rising deductibles and other headwinds that have compressed operating margins across the industry, Tenet will cut leadership positions to streamline operations and cut costs.

Monopolistic market control depresses healthcare wages

Monopolistic market control depresses healthcare wages

While hospitals continue to drive the national economy as the leading employers in the industry, employment in outpatient care, where wages are markedly lower, has grown at six times the rate of hospitals. Consolidation may have given employers leverage in setting wages with workers.

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