Cuts likely at Philadelphia-based Temple Health

Edmond Notebaert, the new leader of Temple University Health System in Phladelphia, has warned of $40 million to $50 million in spending cuts this year, but he was short on details on how those savings would be achieved. Notebaert, who is president and chief executive officer of the health system, told employees that the system needed to make the cuts because it has lost money on operations for five of the last six years.