This cost reduction plan is designed to help MultiCare save $300 million in order to stay ahead of the demands of a rapidly changing health care market. MultiCare is not the only health care system cutting back. Seattle-based Group Health plans to cut $250 million from their budget by mid 2016 and Peace Health will be cutting $130 million this year. Add this to the cuts made by Swedish, Providence, and other Washington health care providers and the medical care cost reduction in Western Washington alone is expected to exceed $500 million dollars by the end of 2015.
“The medical care cost reduction in Western Washington alone is expected to exceed $500 million dollars by the end of 2015.”
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