The plan, which started Nov. 22 and ends Jan. 31, hopes to target operating losses in September and October. The nonprofit company also asked and encouraged union employees — who are not affected by the furlough decision — to donate 20 percent of their paychecks to the company’s foundation.
Read the Jersey Journal report on hospital cost-cutting measures.
Read more on hospital cost-cutting:
–Maimonides Medical Center Residents Approve Bonus Payouts for Cost-Cutting and Quality Care
–10 Successful Hospital Turnarounds
–Don Berwick Renounces Rationing, Too Much Bureaucracy
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