Maine Medical Center announces 50 layoffs, other reductions

Maine Medical Center announced a slate of personnel and payroll cuts earlier this week, including the elimination of 175 positions, layoffs of 50 employees, and 12.5% reductions in compensation for top hospital administrators. According to a hospital announcement, the institution faced a late fiscal year 2013 budget gap triggered by reductions in payments from the government and commercial payers, as well as an increase in care for patients who cannot afford to pay, among other factors.

Source: Bangor Daily News