Kansas City's Children's Mercy furloughs 575 workers as COVID-19 keeps patients away Read more here
Nearly 600 Children’s Mercy employees will be furloughed for up to two months beginning Sunday as the hospital deals with a “crushing” financial crunch caused by a loss of business during the coronavirus pandemic.
Top executives will lose some of their pay as well — ranging from 20 percent for vice presidents to 30 percent for chief executive officer Paul Kempinski, the hospital announced Thursday.
With fewer patients coming in, the hospital is losing net revenue of about $1 million a day, the hospital said.
“In order to keep our community safe and to prepare to care for COVID-19 patients, last month we suspended elective procedures and limited outpatient clinic visits,” Kempinski, CEO and president, said in a statement.
Read more: https://www.kansascity.com/news/business/health-care/article242246756.html
