Tag Archives: Losses

Amid steep losses, Henry Ford Health System furloughs 9% of workforce

Dive Brief: The Henry Ford Health System in Detroit is furloughing 2,800 employees, or 9% of its 30,000-person workforce this week as financial losses mount due to the novel coronavirus pandemic that has forced hospitals to halt other service lines in order to battle and contain resources to fight the virus.  The temporary furloughs will… Read More »

More Losses At Rite Aid As New CEO Takes Charge

A Rite Aid store on Jonestown, Road in Harrisburg, PA Rite Aid photo Rite Aid reported $ 78 million in losses in the company’s fiscal second quarter amid a competitive reimbursement environment for prescription drugs in the early days for the drugstore chain’s new chief executive. Heyward Donigan, a longtime healthcare executive, last month replaced… Read More »