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.

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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.

Read the full story here.