St. Vincent Health announces job cuts

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One of Indiana's largest health systems says it's cutting an undisclosed number of jobs by June 30 because of increasing economic and competitive pressure on the health care industry.

Indianapolis-based St. Vincent Health announced Thursday that a restructuring of its workforce will result in cuts to employed and contracted associates across its 22-hospital system.

St. Vincent's website says it employs more than 3,000 physicians and 16,000 other employees.

The faith-based health system says it's faced with the challenges of budget shortfalls, decreasing reimbursement, and the national health care overhaul's mandated reduction in payments. 

Its network includes hospitals in Anderson, Bedford, Brazil, Elwood, Fishers, Frankfort, Lafayette, North Vernon, Salem, Williamsport and Winchester.

A St. Vincent spokesman did not immediate respond to a telephone message and page seeking additional details.

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