The hospital’s recent request is one of several cost-cutting measures it has taken to make up for declining revenues. According to the report, hospital gross revenue has declined by approximately 10 percent or $200,000 a month. Officials attributed the losses to the economy.
The hospital has employed other cost-cutting measures, including reductions in nursing staff and “non-essential expenses,” according to the report. Hospital CEO David Harman has also volunteered to take a 10 percent cut in compensation.
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