“We anticipate that we will continue to operate at a loss for six to seven months,” Ken DeFurio, president and CEO of Butler Health System, told Butler Radio. “And then somewhere around January or February, we hope to turn the corner and get back into the black in terms of income.”
Mr. DeFurio made the comments while answering questions about the financial troubles hospitals across the nation are facing amid the COVID-19 pandemic. The health system announced the week of June 15 that it will lay off 57 workers and close its skilled nursing facility.
Read the full report here.
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