The cuts are expected to save the health system, which operates 214-bed Northern Michigan Regional Hospital, $9 million over the next year, according to the report.
The hospital cited increasing bad debt as one of the main drivers for the cuts. The hospital’s bad debt and uncompensated care is up 21 percent compared to a year ago.
Read the Petoskey News report on Northern Michigan Regional Health System.
Read more coverage on Northern Michigan Regional Health System:
– Northern Michigan Regional Health System Names CFO
– Widow of Former Northern Michigan Regional Health System CEO Files Suit Over Employment Contract
– Northern Michigan Regional Ends Merger Talks With Spectrum
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.
