Fairview Health Services Announces Changes That Include ‘Reimagined’ St. Joseph Hospital, 900 Eliminated Positions

From CBS Minnesota:

By WCCO-TV

October 5, 2020

MINNEAPOLIS (WCCO) — Fairview Health Services announced on Monday “important changes” being made during the COVID-19 pandemic, which include hundreds of positions eliminated and a reimagined St. Joseph Hospital.

According to Fairview, the company lost $163 million in the first six months of 2020 amid the pandemic.

“The COVID-19 pandemic deeply impacted and further exposed the profound challenges health systems face and the unsustainable economics of healthcare today, with rising costs far outpacing reimbursement rates,” Fairview said in a statement.

Read more at CBS Minnesota