Nashville General leaders outline $8M cost-reduction plan as hospital runs monthly operating losses

Nashville General Hospital executives told the Hospital Authority Board that the hospital has run multi‑million dollar operating losses in recent months and proposed a set of cost‑reduction measures intended to stabilize cash through the fiscal year.

Chief financial staff and the acting chief executive described steep monthly deficits and a falling cash balance during the March board meeting and presented a plan that targets roughly $6.2 million in identified savings plus additional reductions still to be determined.

The hospital reported a net loss of about $2.2 million for January and a net loss of about $4.4 million for February, with year‑to‑date operating results well below budget, according to the finance presentation. Board members were also told cash on hand had declined from roughly $13 million at the beginning of the fiscal year to about $3.4 million as of the February report.

To addr…