What does the Sequester mean for YKHC?

With Congress’s failure to pass spending and tax reforms before the end of last year, across-the-board funding cuts have hit all federal programs and services, including the Indian Health Service.

These “sequester” cuts are expected to cost YKHC about $4 million between now and the end of the fiscal year Sept. 30. President/CEO Gene Peltola says there is now a hiring freeze on all positions except for those that directly affect patient care or are otherwise essential, and only essential business travel will be allowed.

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