Buffalo, N.Y.-based Catholic Health has implemented a hiring freeze after posting an operating deficit of $16 million, according to Buffalo Business First.
Employees were notified this week that the system will halt all hiring except for approved clinical positions.
Catholic Health's CEO Mark Sullivan said the hiring freeze is just one of the system's initiatives to ensure "course correction" without affecting patient care, the publication reported.
It is unclear how long the freeze will remain in place.
Catholic Health reported a negative operating margin of 2.7 percent and expected a $2.4 million surplus through the first half of 2019. In the first half of 2018, the system saw earnings of $13.1 million.
Mr. Sullivan attributed the loss to declining reimbursements and changes in admissions, according to the report.
The publication reported that the system recently sought to fill 350 open positions, including nurses, physicians, social workers and dietary staff.
Catholic Health has five hospital campuses, a long-term care site, a home care division and outpatient sites.
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