Loyola University Health System to cut 440 jobs - Bruce Japsen, Chicago Tribune

The Loyola University Health System in west suburban Maywood Tuesday said it will cut more than 440 jobs, or about 8 percent of its work force, amid the recession and an economic downturn causing an influx of patients who cannot pay their medical bills At teaching hospitals, the economy can exact a harsher toll because they generally have higher expenses in providing medical care to patients. A bill from a teaching hospital not only includes the cost of patient care but the expense of their missions that provide the latest in cutting edge research and education for doctors in training.