The hospital said it plans to reassign or reduce the hours of 30 employees and lay off a dozen workers.
“We learned that our structure has had the benefit of in-house roles that most organizations our size don’t have,” Northfield Hospital & Clinics CEO Steve Underdahl told the publication. “We are reshaping and realigning senior leadership to align with best practices among healthcare organizations our size. These changes are based on roles, not on individuals.”
Mr. Underdahl said the decision to reshape the hospital’s workforce is necessary due to a decline in inpatient stays and a rise in supply costs and bad debt.
More articles on finance:
CMS: Changes to prior authorization coming this year
McKesson offers stock swap in exit from Change Healthcare partnership
Nonprofit Alabama hospital sued patients for debt under $200
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
