Baptist Memorial said it will closely monitor patient volume and adjust budgets if necessary, but layoffs will not be part of the adjustments.
“We’re keeping our team together and have no plans to reduce staff,” Ayoka Pond, director of communications for Baptist Memorial, told The Oxford Eagle. We’re doing budget planning now, so it’s too soon to say if we’ll cut budgets or not.”
More articles on healthcare finance:
U of Vermont Medical Center furloughs about 450 employees
Montefiore loses $96.7M in Q1: 5 things to know
UPMC’s net loss hits $653M in Q1, driven by pandemic
