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KershawHealth starts financial improvement plan

Some layoffs, closing of HRC to public among steps
By Martin L. Cahn mcahn@chronicle-independent.com 803-432-6157 ext. 115
Posted: May 17, 2011 5:13 p.m.
Updated: May 18, 2011 5:00 a.m.
More than 24 people were laid off Tuesday from KershawHealth as part of a “financial improvement plan” to deal with an expected $2.246 million drop in revenue this year. The projected revenue loss represents the expected fallout from the state of South Carolina’s decision to reduce Medicaid reimbursements by a total of 11 percent. A 3 percent cut in Medicaid reimbursements was announced April 1; another 8 percent reduction will go into ...

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