How to keep a clinic running without running out of money
Cleveland Clinic’s chief financial officer says the company will need to borrow more money to keep operating.
The Cleveland Clinic says it will need $7.5 million in the first three months of 2019, as it tries to pay for additional employees, equipment and services.
Clinic officials say they need to raise more than $8 million in order to cover expenses for the coming year.
They are also working to make improvements to their facilities.
Clinics chief financial manager Mike Sosnik said he has no immediate plans to take a break.