Hennepin Healthcare Cuts Beds, Staff Amid $50 Million Deficit
By Jessica Chen | Published 2026-02-18T08:03:58.668Z
business
Faced with a severe financial crisis, Hennepin Healthcare is eliminating 100 inpatient beds and laying off 100 staff members, according to KSTP News. The health system aims to save $50 million by the...
Faced with a severe financial crisis, Hennepin Healthcare is eliminating 100 inpatient beds and laying off 100 staff members, according to KSTP News. The health system aims to save $50 million by the end of March and $150 million by the third quarter.
Hennepin Healthcare will reduce its inpatient bed capacity from 490 to 390 beds, KSTP News reports. The system is also pausing more than $24 million in capital projects, underscoring the urgency of the financial situation.
Medical programs being di
Tags: hennepin healthcare, financial crisis, budget cuts, sales tax, healthcare funding, hospital operations