The academic medical center at Florida Atlantic University and the University of Miami may also be removed from it’s affiliation to bring the hospital back to a profitable stature, along with other personnel cuts and positions. They have hired 3 consulting firms to help them with this endeavor. BD
Boca Raton Community Hospital suffered a $110 million loss in its fiscal year ended June 30, leading to job and service cuts and the possible end of its affiliation agreement with local universities. In a statement to employees that was distributed to the media on Tuesday , the nonprofit hospital said it has about $180 million in cash and investments on its balance sheet, but would take at least two years to turn around its operations.
The academic medical center at Florida Atlantic University and the University of Miami may also be removed from it’s affiliation to bring the hospital back to a profitable stature, along with other personnel cuts and positions. They have hired 3 consulting firms to help them with this endeavor. BD
Boca Raton Community Hospital loses $110M, sheds positions - South Florida Business Journal: