Greenville (S.C.) Health System plans to eliminate more than 400 positions after suffering a $16 million shortfall in the first quarter of the fiscal year, according to The State.
That announcement was made Tuesday at a GHS board of trustees committee meeting.
Greenville Health System COO Greg Rusnak said, "The initial action plans call for eliminating roughly 410 positions," according to the report. He said more than half of the positions that will be done away with will be the result of not filling open vacancies, normal attrition and the possible implementation of a "voluntary exit incentive program."
In addition to the job cuts, the health system also plans to reduce the capital budget by $39 million. Hospital officials said additional measures will be taken throughout 2016 to address the shortfall.
A $100 million Epic system, other investments and lower than expected patient volumes contributed to Greenville Health System's financial troubles, according to the report.
The system has about 15,000 employees.
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