“We lost a number of faculty last July, and that’s what accounted for our poor financial performance,” said Medical College of Georgia Dean David Hess, MD, who sits on AU Health System’s board, according to the report. He said faculty members left for various reasons such as some were a poor fit for AU Health System.
Officials are focused on recruiting physicians to improve the system’s financial picture. AU Health System has 40 new clinicians beginning in September and October and is actively recruiting for 73 additional positions.
AU Health System includes 478-bed Augusta University Medical Center, 154-bed Children’s Hospital of Georgia in Augusta and more than 80 outpatient sites.
More articles on healthcare finance:
MD Anderson operating in the black for first time in more than a year
For-profit hospital operators likely to experience weak patient admissions through 2018
Moody’s: Canceling bundles would be credit positive for hospitals
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.