Trios CEO Glen Marshall said in the report the layoffs will help save about $3 million this year.
In addition to the layoffs, Trios’ plan includes selling other Trios assets, which is expected to bring in $8 million, according to the report. Mr. Marshall also wants to realign the organizational structure, get rid of non-essential service agreements and look at the revenue cycle process, the report reads.
Hospital CFO Tony Sudduth favors the plan, while board member Rick Reil believes the plan is not a long-term solution.
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