Connect with us

News

Billings Clinic Attempting To Deal With “Unsustainable” Financial Losses

Avatar photo

Published

on

Montana’s largest hospital is looking for ways to make financial cuts to eliminate what it calls unsustainable financial losses.

According to a memo acquired by KTVQ-television, Billings Clinic is seeking to cut more than $4.5 million monthly by way of pay cuts, suspensions of company contributions to employee retirement plans, a hiring freeze and a reduction in contract labor.

The announcement comes less than one year after former CEO Dr. Scott Ellner and a number of other hospital executives resigned.

Billings Clinic took a financial hit during the covid pandemic, when non-essential surgeries were canceled.

The Hospital has been trying to become a level one trauma center, meaning it would be able to provide complete care for every aspect of injury, including prevention and rehabilitation.

Currently Montana does have a level one trauma center, anywhere in the state.

Earlier this year, Billings Clinic announced a merger with Logan Health, based out of Kalispell.

The hospital operates in 15 locations in Montana, as well five locations in the Big Horn Basin in Wyoming.

Click here for more details about this story.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *