Miss. hospital announces employee pay cuts
Natchez (Miss.) Regional Medical Center has announced a 10% salary reduction for all employees and managers while some upper-and middle management-level workers will see a cut of 20%.
The hospital says it is trying to shore up its finances to remain in business until it is turned over to new ownership.
Community Health Systems, based in Brentwood, Tenn., is expected to finalize the purchase of the hospital by Sept. 30.
Natchez Regional CEO Donny Rentfro says employees making less than $9 an hour will not be affected and no employee will drop below $9 an hour in the reduction.
The medical center opened in 1960 as Jefferson Davis Memorial Hospital.