According to the health system, the cuts include 70 layoffs. Additional positions will be eliminated through attrition or not filling vacant positions.
Last year, Fairview posted a profit of $82.7 million, but the health system lost $3.4 million in the first quarter of 2011, according to the report.
Read the Pioneer Press report on Fairview Health.
Related Articles on Fairview Health:
Minneapolis’ Fairview Health Services Names Dan Fromm CFO
Minneapolis’ Fairview Health to Transform Much of Its Private Pay to Shared Savings Models
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.
