The planned cuts come in response to operating losses plaguing the system in recent years. Temple lost $116 million on operations in fiscal 2008 and predicts losses of approximately $100 million this fiscal year.
The losses were largely caused by a reduction in the number of patients discharged from the four hospitals in the system and an increase in the number of patients covered by Medicaid, according to the report.
Read The Philadelphia Inquirer‘s report on Temple’s budget cuts.
