The recently combined Excela Health and Butler Hospital System lost over $62 million. President and CEO Ken DeFurio said they need to develop a “significant expense reduction plan.” The hospital system recently announced it is adopting a new name, Independence Health System. It will cost hundreds of thousands, if not millions, of dollars to change signs, stationery, staff clothing, website, etc. I can already see the savings accumulating.
Tom Cerra
Latrobe