St. Joseph Regional Medical Center in South Bend, Ind., has announced that it will freeze employee pay and will cut executive pay by 8 percent, according to a report by the Chicago Tribune.
The medical center also plans to cut the hours of employees in certain departments to due to financial difficulties caused by a growing number of uninsured patients coupled with inadequate reimbursement from Medicare and Medicaid, according to the report.
Read the Chicago Tribune‘s report on the St. Joseph Regional pay freezes.
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