16% Decline in Admissions Forces Salem Hospital in Oregon to Cut $30M

Salem (Ore.) Hospital plans to roll out $30 million in organizational cuts to battle its growing deficit and decline in inpatient admissions, according to a Statesman Journal report.

Advertisement

Inpatient admissions fell 16 percent in the first quarter of Salem Hospital’s 2012 fiscal year, which ended Dec. 31, 2011. President and CEO Norm Gruber said roughly 30 full- and part-time positions would be eliminated and another 30 would not be filled, according to the report.

Although the $30 million in cuts are more than the projected $24 million shortfall, the hospital said it is preparing for more future challenges.

Related Articles on Hospital Cuts:

The 2012 Payroll Tax-SGR Bill: What It Means for Hospitals

Cornell Scott Hill Health Center in Connecticut Cuts 25 Employees

PeaceHealth Oregon to Cut $23.6M in Expenses

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.