BJC HealthCare furloughs nearly 3,000 workers

St. Louis-based BJC HealthCare has furloughed 2,962 employees, nearly 10 percent of its workforce, according to the St. Louis Post-Dispatch

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The 15-hospital system said the furloughs are expected to last eight weeks, but some employees may return sooner depending on patient volumes, a spokesperson told the St. Louis Business Journal

Like other health systems across the nation, BJC HealthCare has seen costs increase due to the COVID-19 pandemic. At the same time, revenues have declined due to the cancellation of elective procedures, according to the St. Louis Business Journal

BJC HealthCare is one of more than 250 hospitals and health systems across the U.S. that have furloughed workers in recent months. Read more about the furloughs here

More articles on healthcare finance:
Fortune 500: 40 healthcare companies make 2020 list
15 hospitals have closed this year — here’s why
Mayo Clinic’s operating income drops 88% in Q1

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