Healthcare Business News

Mississippi hospital announces employee pay cuts

By Associated Press
Posted: August 4, 2014 - 12:00 pm ET

Natchez (Miss.) Regional Medical Center has announced a 10% salary reduction for all employees and managers with some while upper and some middle management-level workers will see a cut of 20%.

The hospital announced the cuts in a news release this past week.

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The hospital says it is trying to shore up its finances to remain until it is turned over to new ownership.

Community Health Systems is expected to finalize the purchase of the hospital by Sept. 30.

NRMC Chief Executive Officer Donny Rentfro says employees making less than $9 an hour will not be affected and no employee will drop below $9 an hour in the reduction.

NRMC opened in 1960 as Jefferson Davis Memorial Hospital.

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