Illinois hospital’s cardiology loss continues to hurt bottom line
Memorial Medical Center in Springfield, Illinois, has lost about $1 million per month in profits from cardiology-related care since cardiologists stopped practicing in March, reports The State Journal-Register.
The doctors left for Hospital Sisters Health System’s St. John’s Hospital, also in Springfield.
“We’re definitely seeing deterioration in our margin,” said Edgar Curtis, Memorial Health’s CEO.
He said he hasn’t had to lay off anyone yet, but Curtis also isn’t planning to replace workers that left through attrition.
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Senior Writer
As a Senior Writer for TriMed Media Group, Katherine primarily focuses on producing news stories, Q&As and features for Cardiovascular Business. She reports on several facets of the cardiology industry, including emerging technology, new clinical trials and findings, and quality initiatives among providers. She is based out of TriMed's Chicago office and holds a bachelor's degree in journalism from Columbia College Chicago. Her work has appeared in Modern Healthcare, Crain's Chicago Business and The Detroit News. She joined TriMed in 2016.