Add It Up: Grady bleeds
Amount of money Grady Health System lost in 2006 and 2005, respectively: __$20 million, $13 million
Amount consulting firm Alvarez & Marsal recommended Grady cut from its budget: __$48.5 million
Total amount, over six months, Alvarez & Marsal was paid for its services: __$2 million
Amount Alvarez & Marsal hoped Grady would save by offering early retirement packages to senior employees in March: __$15 million
Number of Grady-operated neighborhood clinics Alvarez & Marsal recommended Grady sell: __9
Number of outpatient visits to those clinics in 2005: __888,594
Number of counties in Georgia that fly trauma patients to Grady: __14
Number of counties that contribute to Grady’s operating budget: 2
Sources: Georgia Watch, Atlanta Journal-Constitution, Atlanta Business Chronicle, Grady Health System__
__
__
__
__
__
__