Baxter Health CEO Ron Peterson discusses financial stability of the hospital

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Over the past week, KTLO, Classic Hits and The Boot News has received concerned emails and phone calls to our Community Voices about the financial stability of Baxter Health.

Baxter Health President and CEO Ron Peterson spoke with KTLO’s Heather Loftis to discuss how the economy has affected the hospital.

With the low reimbursements from Medicare and increase in costs, Loftis asks if the hospital is planning to sell.

Peterson clarified the rumors of massive layoffs at Baxter Health.

On Friday, Peterson will discuss how Baxter Health plans to survive and identifies opportunities for growth.