Bamberg (S.C.) County Hospital may be announcing another round of layoffs as hospital executives continue to restructure the fiscally strapped hospital, according to a Times and Democrat news report.
In June, the hospital's board voted to file for Chapter 9 bankruptcy protection for the hospital, which reported a $2.1 million year-to-date loss, according to the news report. In addition to employee layoffs, the hospital board also agreed to pay outstanding employee dental insurance claims and stop employee dental coverage entirely.
Meanwhile, the hospital is working with nearby Barnwell County and Allendale County hospitals to create Tri-County Regional Health System. The proposed health system would call for a new acute-care hospital and three multi-specialty ambulatory centers. Health Care Management Partners in New York City has been hired to manage the three hospitals and restructure their debts.
Read the news report about Bamberg County Hospital.
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In June, the hospital's board voted to file for Chapter 9 bankruptcy protection for the hospital, which reported a $2.1 million year-to-date loss, according to the news report. In addition to employee layoffs, the hospital board also agreed to pay outstanding employee dental insurance claims and stop employee dental coverage entirely.
Meanwhile, the hospital is working with nearby Barnwell County and Allendale County hospitals to create Tri-County Regional Health System. The proposed health system would call for a new acute-care hospital and three multi-specialty ambulatory centers. Health Care Management Partners in New York City has been hired to manage the three hospitals and restructure their debts.
Read the news report about Bamberg County Hospital.
Related Articles on Hospital Layoffs:
New York's Richmond University Medical Center Will Lay Off 60, Including 20 Nurses
Washington's MultiCare Health System to Lay Off Up to 350 Employees
New York's Arnot Health Announces Layoffs