Ballad Health said the expected financial hit is a result of hospital volumes being down 40 percent and nonemergent procedures being canceled. Ballad Health postponed all nonessential procedures last week.
To address the financial hit, Ballad Health CEO Alan Levine said “all options are on the table,” including temporary workforce reductions and layoffs.
“We have to preserve these hospitals, and we have to preserve our capacity to provide services,” Mr. Levinet told WCYB.
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