The three units with limited patient bed capacity are the hospital’s acute care, cardiovascular and intensive care units. The Skilled Nursing Unit at Klein Center has been fully closed to move staff to work in other areas of the hospital.
The decision to scale back services comes as a result of staff shortages along with the high cost of travel staff.
“We just closed our fiscal year and we’ve lost over $40 million,” Matt Wenzel, president and CEO of parent company Green River Health, told the publication. “[About] half of that is because of travelers.”
Mr. Wenzel added that losses have carried into the current fiscal year, with the hospital incurring losses of $2 million per week for the past three months.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.