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'New financial challenges' limit Cleveland Clinic's 2024 margin, spur job cuts
A record year for patient encounters and revenues still left the Cleveland Clinic with a lower-than-expected operating margin, forcing the nonprofit system to cut 3% of its administrative managemen | The nonprofit logged a 1.
Cleveland Clinic’s 2024 budget surplus falls short of expectations, CEO cites new financial challenges
Increased charity care and malpractice insurance costs among reasons for lower-than-anticipated 1.7% profit margin on $16 billion revenue.
Cleveland Clinic laying off 114 administrative managers due to 'financial challenges'
Cleveland Clinic is laying off 114 employees in administrative positions because of "financial challenges," a hospital spokesperson said on Friday.
Cleveland Clinic layoffs: 114 jobs cut, company still hiring
The Cleveland Clinic has announced the elimination of 114 administrative management positions across the organization as part of a restructuring effort.
Cleveland Clinic cutting 114 administration management positions across company
More than 100 administration management positions within Cleveland Clinic are being eliminated due to restructuring.
Cleveland Clinic to cut 114 jobs
Cleveland Clinic announced plans to eliminate 114 administrative positions across various nonclinical areas, a move the health system described as a "difficult decision" prompted by ongoing financial pressures.
Cleveland Clinic to cut 114 jobs, citing financial challenges
The Cleveland Clinic is cutting its administrative staff by 114 positions due to financial challenges, the health system announced Friday. The cuts affect administrative manager positions in various non-clinical areas across the organization,
WJW-TV Cleveland on MSN
4h
Cleveland Clinic doctor: How AI therapy could be useful
As artificial intelligence continues to grow in popularity, some are now turning to the technology for therapy.
Crain's Cleveland Business
1d
Cleveland Clinic CEO details outlook as system faces industry headwinds
President and CEO Dr. Tom Mihaljevic said during his annual State of the Clinic presentation that the health system does not ...
1d
on MSN
The numbers are in: How much did Greater Cleveland’s top 100 nonprofits make in 2023?
The latest federal tax documents reveal the combined revenue of the top 100 nonprofits in Northeast Ohio, with a median of ...
22h
Dan Gilbert's Bedrock secures $9 million for Cleveland riverfront development
Bedrock is owned by Dan Gilbert, who also owns the Cleveland Cavaliers and other sports teams as well as sports venues. The ...
Becker's Hospital Review
1d
Cleveland Clinic sees record patient visits, narrow operating margin in 2024
Cleveland Clinic served the largest number of patients in its history in 2024 with more than 15 million patient encounters worldwide, generating nearly $16 billion in revenue and ending the year with ...
Crain's Cleveland Business
23h
First phase of Cleveland’s riverfront project awarded TMUD tax credits
The inaugural phase of the Cuyahoga Riverfront Development — part of the city of Cleveland’s Shore-to-Core-to-Shore plan — ...
Money Talks News on MSN
3h
Back Pain? There’s an Alternative to Drugs That Actually Helps, Cleveland Clinic Says
New research reveals significant reductions in pain intensity, medication use, and surprising improvements in sleep quality.
1d
Two men report being assaulted at sports complex: Brunswick Police Blotter
Also in this week’s Brunswick Police blotter, police have a car with expired plates and unpaid parking tickets towed.
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