FORT OGLETHORPE, GA. (Times Free Press) -- Erlanger at Hutcheson lost nearly $1 million in January, but overall losses at the North Georgia hospital have slowed since last fall.
Financial numbers showing the hospital had budgeted for a $580,000 loss compared to an actual $982,000 loss were presented to the hospital board during its monthly meeting Wednesday evening.
The hospital has lost $4.2 million since the beginning of its fiscal year in October. Both Hutcheson and Erlanger Health System, which manages Hutcheson, have struggled to return to financial viability after deep losses.
The slow but steady improvement in numbers comes less than a week after new CEO Roger Forgey announced the hospital would cut less than 5 percent of its 825-member staff over next 60 days to trim costs and "right-size" the hospital.
Read more on the story from our news partners at the Chattanooga Times Free Press.
