St. Claire HealthCare Implements Cost Savings Plan
June 11, 2019 / PAUL HITCHCOCK
St. Claire HealthCare is implementing a cost savings plan across their entire health system that includes a 6.4% reduction in current operating expenses. St. Claire cites declining state and federal reimbursements and higher cost of care as the need to make financial cuts and invest strategically in their future.St. Claire, like many other healthcare systems within the state and across the nation, has been operating under significant financial pressures for many years,says Donald H. Lloyd, II, St. Claire HealthCare President/CEO.