According to the report, the cuts still will not balance the entire budget for the health system’s upcoming fiscal year. However, UM and JHS have agreed to find an additional $36 million in savings from “value improvement initiatives.”
Of the $16.5 million in cuts, $9 million will be slashed from programs that recruit UM physicians while $3 million will be cut from UM’s clinical administration services.
Related Articles on Jackson Health System:
Plan to Transition Public Jackson Health to Non-Profit Won’t Proceed
Miami’s Jackson Health to Make Cuts to Union Pay, UM Medical School Budget
Audit Manager from Miami’s Jackson Health Accused of $83k Payroll Scheme
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.