Baxter Health Reviewing Resources Amid Economic Challenges

Baxter Health Reviewing Resources Amid Economic Challenges

Baxter Health leadership has notified employees of growing financial pressures stemming from lower-than-expected patient volumes and continued inflation in operating costs. The update follows a 13-month stretch of positive operating margins that came to an end earlier this year. In February, officials say patient volumes began falling short of projections, a trend that, combined with rising labor and supply costs, has started to strain the healt…