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Denver Health To Cut Hundreds Of Jobs

DENVER (CBS4) - Denver Health Medical Center is cutting hundreds of jobs to cut costs.

The Denver Post reports the hospital will cut about 300 jobs to reduce personnel expenses by $18 million within 12 months.

The cuts will come through layoffs, attrition and a reduction in hiring.

Denver Health's budget problem stems from a combination of factors including automatic spending cuts from the federal government, double digit medical inflation and a growing number of uninsured patients.

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