Bankrupt California Hospital Lays Off 20 Employees
Mendocino Coast District Hospital — a 25-bed critical access hospital in Fort Bragg, Calif., that filed for Chapter 9 bankruptcy this past fall — has laid off 20 employees, according to a Press Democrat report.
The hospital did not specify which positions would be affected, but the layoffs would not affect areas of patient quality or safety, nor are future layoffs expected, according to the report.
MCDH said the layoffs will save $1.5 million. In first six months of its 2013 fiscal year, the hospital lost $1.9 million.
MCDH filed for bankruptcy in October amidst its poor financial outlook. At the time, the hospital had less than three days cash on hand.
More Articles on Hospital Layoffs:
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.