No details have been released as to how many employees will be affected by the cuts. CRHS employs more than 600 people filling about 520 full-time positions, according to the report. Henry Hawthorne III, CRHS’ president and CEO, called the reductions “significant.”
CRHS has lost $2 million in 2014’s first quarter due to lower patient volumes and Medicaid reimbursement cuts, according to the report.
More Articles on Hospital Layoffs:
SUNY to Lay Off 300+ Long Island College Hospital Workers
11 Recent Hospital and Health System Layoffs
Hospital CEO Turnover Hits Record High
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
