ADA, Okla. (AP) - Officials at Valley View Regional Hospital in Ada have announced plans to lay off 127 employees.
Chief Executive Officer Ron Webb says the layoffs represent more than 15 percent of the hospital's work force and that individual employees will be notified on Friday.
Valley View is a 200-bed, not-for-profit community hospital serving Ada, Pontotoc County and the surrounding area. The layoffs will affect employees in numerous departments.
Webb says laid off workers will receive one week of pay for each year of service.
He says the cuts are due to an accelerating decline in reimbursements from Medicare and other third-party payers. He added that delays in reimbursements have been creating cash-flow problems for the hospital.
CM Trailers layoffs
Thirty to 40 people in Madill lost their jobs Wednesday with CM Trailers.
Sheila Raper, the marketing director of CM Trailers, says because of a slow demand for their products during the winter months they were forced to let people go. Unfortunately, she says the company cannot offer severance pay.
(The Associated Press contributed to this report.)