Scripps begins to stabilize as it undertakes restructuring


http://www.modernhealthcare.com/article/20160512/NEWS/160519961?utm_campaign=CHL:%20Daily%20Edition&utm_source=hs_email&utm_medium=email&utm_content=29563951&_hsenc=p2ANqtz-8S0JEN1pYYD1RlEuEWC_RBCOQjz3nx1AsWEDjHcEdbWOoj2NM01wGgkDiM2gRZmY6y6O5E09Aosdas2afAwMdUsgpj0Q&_hsmi=29563951

Scripps Health

Scripps Health’s operating performance is starting to stabilize as the San Diego-based system takes steps to get its costs under control. The four-hospital group is restructuring and plans to eliminate about 100 jobs.  Scripps CEO Chris Van Gorder notified employees in a memo earlier this year that the job cuts will come mostly from management and administration. The system spent nearly $2.4 million on restructuring costs in the quarter ended March 31, according to its quarterly earnings report.

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