Baptist Health is cutting 288 positions, including 149 at its headquarters in Louisville.

The nonprofit health system, which includes eight hospitals, said in a statement that the job cuts were part of a realignment in “a challenging financial environment.”

“This continues to be a time of both transformation and great uncertainty in the health care industry,” Baptist told Insider via email.

The system, which includes the 519-bed Baptist Health Louisville hospital at 4000 Kresge Way, could not be reached immediately to provide details on what prompted the action.

Baptist said that the cuts represented about 1 percent of its total workforce and that affected employees would be offered other positions within the health system or receive severance and help finding another job.

The former Floyd Memorial Hospital and Health Services.

In its statement, Baptist also emphasized that the actions were not related to its $301 million acquisition last year of Floyd Memorial Hospital.

Baptist executives had told Insider at the time that the acquisition was prompted by continued consolidation pressures in the health provider industry. Such deals, they said, allow the system to share expenses, expand its services and maximize the use of its resources. Baptist had bought hospitals in Richmond and Madisonville, Ky., in 2012.

More than three million people live in Baptist’s service area, and more than 300,000 people visited Baptist Health emergency rooms in fiscal 2015. The system generates more than $2 billion in revenue annually, according to its website.

In Kentucky, the organization ranks first in the number of admissions, cancer patients, outpatient visits and births, and second in ER visits and open heart surgeries. One out of every four babies in Kentucky is delivered at a Baptist Health facility.