The two-year-old system has to cut $218 million from its spending by the end of FY 2015 “to more closely match the dollars we’re getting to take care of our patients,” Ms. Brinkley said in the video.
“We will do our very best to reduce expenses that do not involve reductions in workforce or reductions in the number of employees. However, I do believe that unfortunately there will be reductions because we must adjust what we are spending to the amount of money that we get for taking care of our patients.”
The CEO cited the Patient Protection and Affordable Care Act and changes in how hospitals and health systems are paid as part of the reason the cuts are necessary.
More Articles on Hospital Layoffs:
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