February 25th, 2009

The Temple University Health System has lost a considerable amount of money over the last couple of years and will likely see cuts this year. The Philadelphia Inquirer reports:

Edmond Notebaert, the new leader of Temple University Health System, yesterday warned of $40 million to $50 million in spending cuts this year, but he was short on details on how those savings would be achieved.

Notebaert, who is president and chief executive officer of the health system and heads Temple’s medical school, told employees Monday that the system needed to make the cuts because it has lost money on operations for five of the last six years. He visited The Inquirer yesterday to discuss his plans with editorial writers.

Read the full story from the Inquirer here.