Overview
- The North Philadelphia pediatric hospital said it will cut about 60 positions, a little over 3% of its jobs, with roughly half of those workers shifting into other roles.
- Hospital leaders expect about 30 people to be laid off, which is less than 2% of the 1,868-person workforce before the cuts.
- The kidney transplant program is closing due to very low demand, with only two surgeries performed last year.
- Executives said they are resizing operations to match lower patient volumes and to prepare for federal Medicaid funding reductions that start next year, and they noted that most patients there rely on Medicaid.
- St. Chris, co-owned by Tower Health and Drexel University, expects to break even this fiscal year after a $1.1 million operating profit in 2025 following a $31.6 million loss, aided by local support and a city program that raises Medicaid payments to safety‑net hospitals.