Northern Michigan Regional Health System in Petoskey, Mich., will cut dozens of jobs as well as special care nursery and mental health services in order to stem losses, according to a Petoskey News report.
The cuts are expected to save the health system, which operates 214-bed Northern Michigan Regional Hospital, $9 million over the next year, according to the report.
The hospital cited increasing bad debt as one of the main drivers for the cuts. The hospital's bad debt and uncompensated care is up 21 percent compared to a year ago.
Read the Petoskey News report on Northern Michigan Regional Health System.
Read more coverage on Northern Michigan Regional Health System:
- Northern Michigan Regional Health System Names CFO
- Widow of Former Northern Michigan Regional Health System CEO Files Suit Over Employment Contract
- Northern Michigan Regional Ends Merger Talks With Spectrum
The cuts are expected to save the health system, which operates 214-bed Northern Michigan Regional Hospital, $9 million over the next year, according to the report.
The hospital cited increasing bad debt as one of the main drivers for the cuts. The hospital's bad debt and uncompensated care is up 21 percent compared to a year ago.
Read the Petoskey News report on Northern Michigan Regional Health System.
Read more coverage on Northern Michigan Regional Health System:
- Northern Michigan Regional Health System Names CFO
- Widow of Former Northern Michigan Regional Health System CEO Files Suit Over Employment Contract
- Northern Michigan Regional Ends Merger Talks With Spectrum