Renton, Wash.-based Providence closed all 27 of its ExpressCare retail clinics in Southern California on Nov. 17, three days after it reported a $1.1 billion operating loss for the first nine months of 2022.
The healthcare labor shortage, inflation, supply chain disruptions, declining volumes and a highly competitive retail health industry led to “unprecedented operating losses” for the retail clinics, a spokesperson for the 51-hospital system told Becker’s.
The closure of the retail clinics affects a mix of medical assistant, advanced practice clinician and leadership roles. Read more.
