Miami's public hospital has money problems. What that means for patients and workers [Yahoo! Finance]
Costco Wholesale Corporation (COST)
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Source: Yahoo! Finance
other surgeries and a slowdown in payments, according to Jackson Health CEO Carlos Migoya. To cut expenses and regain its financial health, Jackson has frozen hiring for more than a dozen positions not related to direct patient care; laid off about 25 people in mostly managerial roles, including one hospital CEO; reduced benefits for senior leaders, and is looking to scale back overtime, Migoya told employees in March emails, which the Miami Herald obtained through a public record request. “We are in the middle of our most difficult financial period since we began transforming Jackson Health System in 2011. ... This is not a crisis. Our hospitals and outpatient facilities remain busy with patients who trust our caregivers,” Migoya wrote in one email to staff. None of the cutbacks will affect patient care, Migoya told the Miami Herald Tuesday in a Zoom interview. He said the internal reshuffling is to make sure Jackson remains “marginally profitable” as expenses continue to climb
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COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website