The CEO of Southern Regional Medical Center has her hands full.
The financially ailing hospital in Riverdale, in south metro Atlanta, has seen high levels of uncompensated care and a decrease in privately insured patients, among other negative payment trends.
Last year, a $50 million Clayton County bailout helped Southern Regional Medical Center step back from a financial cliff.
This week, facing continuing challenges, Southern Regional CEO Kim Ryan announced job cuts.
“We have made a commitment to increase efficiencies and reduce costs,” Ryan said in a statement. “Unfortunately, these measures required an organizational restructuring and the elimination of 80 positions, including management positions, throughout the health system.”
Ryan has met with county and community leaders over the past few weeks in an effort to obtain additional financial support, the hospital said.
Similar financial pain has spread across the Georgia hospital industry, from rural facilities to urban systems. full story