Memorial Hospital in Indiana to Cut $3.6M From Operating Budget

Jaspar, Ind.-based Memorial Hospital is working to shave $3.6 million off its operating budget in order to cope with losses created by sequestration, according to a report from the Dubois County Free Press.

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The sequester’s 2 percent reduction in Medicare hospital payments impacted Memorial Hospital to the tune of $1 million. To cope, the hospital plans to halve hours at its observation unit, eliminate six positions and leave 30 positions unfilled, according to the report.

An Indiana Hospital Association report showed that Memorial Hospital has the lowest per-patient inpatient charges in the state, according to the article.

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