Bronson Healthcare announces pay cuts, furloughs
COVID-19 costs are leading to financial hardship for the healthcare organization.
Bronson Healthcare will cut the pay of executive-level employees and furlough some workers as the cost of COVID-19 care is increasing expenses for the organization.
The coronavirus pandemic is also causing problems by forcing them to halt all elective surgeries and other regular procedures.
The company’s new CEO and president, Bill Manns, will take a 25% pay-cut according to an article on MLive. Manns took over the job on March 30.
In addition, several hundred non-clinical employees will be furloughed. Bronson said in a release that furloughs could last 16 weeks.
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