Lebanon, N.H.-based Dartmouth Health has engaged two consulting firms to assist with its performance improvement plan and is curtailing capital spending, per Becker’s.
Describing the scale of some of the lingering effects of the COVID-19 pandemic — such as elevated labor costs — as “unprecedented,” the six-hospital system said initiatives arising from the performance plan launched in November can help in its bid to achieve sustainable financial results.
The $150 million patient pavilion project at the system’s flagship hospital in Lebanon remains unaffected by the plans to curtail other capital spending. The 64-bed pavilion is due to open in May.
Dartmouth Health, which said recruitment and retention of high quality staff remains one of its highest priorities, reported a $78 million operating loss for the six months ending Dec. 31.
The system, which employs about 12,000 people, is New Hampshire’s largest private employer.
