Hennepin County Medical Center slashes workforce by 4% to boost budget for $200M ASC — 4 highlights

Minneapolis-based Hennepin County Medical Center is reducing its workforce by nearly 4 percent in 2017 so the hospital has sufficient money in its budget to open an ASC, according to Twin Cities Pioneer Press.

Advertisement

Here are four highlights:

1. The project is estimated to cost more than $200 million.

2. Hennepin County Medical Center expects to open the ASC in 2018.

3. This year, Hennepin County Medical Center CEO Jon Pryor, MD, said the hospital, like many facilities, had expenses for many uninsured and low-income patients that surpassed the hospital’s income.

4. The Hennepin County Board of Commissioners approved the hospital’s budget for next year, which will feature the job cuts.

More articles on surgery centers:
4 new joint venture ASCs — November/December 2016
Envision Healthcare’s physician services division acquires Desert Mountain Consultants in Anesthesia: 3 notes
Physicians Endoscopy acquires majority ownership in ACCESS Surgery Center — 5 things to know

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.