The announcement regarding the executive pay cuts came a day before county and hospital officials were set to start discussing the budget for fiscal year 2010, according to the report. The current executive pay cuts will result in around $1 million savings for the health system.
As of Aug. 31, Jackson Health projected a $133 million loss for 2010 unless cost-cutting measures are made, which is below the former projection of $168.4 million. The health system is projecting a loss of $61.5 million for this year.
Read the Herald’s report about the Jackson Health executive pay cuts. http://www.miamiherald.com/news/southflorida/story/1215073.html
