Hennepin Healthcare Cuts 100 Beds Amid $50 Million Deficit
By Jessica Chen | Published 2026-02-17T08:03:25.413Z
business
Faced with a projected $50 million budget shortfall by March 2026, Hennepin Healthcare, which operates Hennepin County Medical Center (HCMC) in Minneapolis, is implementing significant cost-cutting...
Faced with a projected $50 million budget shortfall by March 2026, Hennepin Healthcare, which operates Hennepin County Medical Center (HCMC) in Minneapolis, is implementing significant cost-cutting measures, according to KSTP and the Star Tribune. The cuts include eliminating 100 inpatient beds, pausing $24 million in capital projects, and delaying worker retirement contributions. The organization anticipates an even larger deficit of $150 million by the third quarter.
The financial crisis stems
Tags: hennepin healthcare, hcmc, budget cuts, hospital, medicaid, hennepin county, target field, sales tax, afscme 2474