Sheridan Memorial Hospital has experienced a month-by-month trend of declining revenue seven months into their fiscal year. Administration has been meeting with physicians and staff to discuss the Hospital's financial situation and ways to improve that situation. Hospital CEO Mike McCafferty.
McCafferty explains some of the areas they are looking at to reduce spending.
McCafferty added that they will put a plan into place to address the financial situation immediately and that quality and patient care will continue to remain a priority for the hospital.