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Fairview Health Services Announces Changes That Include ‘Reimagined’ St. Joseph Hospital, 900 Eliminated Positions
According to Fairview, the company lost $163 million in the first six months of 2020 amid the pandemic.
By WCCO-TV
October 5, 2020
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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.
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“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