Casper Hospital to Impose Spending Cuts
CASPER, Wyo. (AP) — Wyoming Medical Center in Casper says it's imposing cost-cutting measures that include unpaid furloughs for managers and directors but no layoffs.
According to an Associated Press report, the hospital also says its 1,100 employees won't accumulate any more paid vacation time for the rest of the year.
The hospital says no cuts in service are planned.
Senior managers, including the CEO, will take two weeks without pay. Other managers will take one unpaid week.
The moves are expected to save $2 million at a time when patient volumes are low. A spokeswoman declined to discuss the hospital's operating budget.
The hospital is a nonprofit. According to the most recent forms filed with the Internal Revenue Service, 2011 revenues were nearly $234 million and expenses were $233 million.