OMC reports hires, cost-saving measures | Peninsula Daily News
Financial corrections aimed at multi-million-dollar loss
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Financial corrections aimed at multi-million-dollar loss
Olympic Medical Center in Port Angeles, Wash. has a plan to reverse its $12 million loss this year. The organization cited rising costs, Medicaid/Medicare rates
Some of you may recall the recent column I wrote about the health care industry-wide labor shortage causing backlogs in moving patients into the right place for the right care by the right person resulting in long anxious waits in the OMC emergency room.
In his previous position as Olympic Medical Center’s Chief Financial Officer, Darryl Wolfe said that with just one or two locums — “traveling” health care workers who are contracted to back-fill open jobs — at OMC, “my heart rate would go up.”
Finance director: May loss ‘only’ $1 million