MEMPHIS, Tenn. (AP) - The main trauma hospital for the Memphis region is moving toward job cuts and reductions in services as it struggles to deal with tight finances.
The Commercial Appeal in Memphis reports that consultants hired by the Regional Medical Center told the hospital it should reduce its number of beds, cut more than 200 jobs and make other hard changes to save up to $25 million annually.
The hospital's board of directors voted Wednesday to allow consulting firm FTI Cambio to begin moving ahead with needed changes. FTI was hired by the hospital last year to look for cost-saving measures.
The changes are expected to take more than a year to implement.
The 370-bed hospital - often simply referred to as The Med - has the major trauma, burn and newborn intensive care units in the Memphis region.