An Area Healthcare Organization Has Announced It Is Downsizing With Plans To Lay Off 150 People. Officials With Ballad Health Said The Newly-Formed Company Following The Merger Of Wellmont And Mountain States Has Already Eliminated 49 Empty Positions. Severance Pay And Comprehensive Outplacement Services Will Be Offered To Those Impacted. Ballad Reported An Operating Loss Of 2.6 Million Dollars In The First Six Months Of The 2018 Fiscal Year.