In September, Brooklyn-based Revival Home Health Care announced it would operate Peninsula Hospital and extended an $8 million line of credit to the hospital to keep it open. The struggling hospital is reportedly more than $60 million in debt and is currently restructuring finances as part of its Chapter 11 bankruptcy filing.
Those who received layoff notifications include nurses, X-ray technicians and respiratory therapists.
Related Articles on Hospital Layoffs:
New York’s Westchester Medical Center: More Layoffs, Program Cuts Imminent
Windham Community Memorial in Connecticut Lays Off 20 Workers
St. Vincent Hospital in Massachusetts Lays Off 60 Employees
At Becker's 4th Annual CEO + CFO Roundtable, taking place November 2–5 in Chicago, more than 1,500 hospital and health system executives tackle decisions that determine whether organizations thrive or merely survive: protecting margins under cost pressure, choosing where to grow, renegotiating payer relationships, stabilizing the workforce and proving real ROI on technology. This is where leaders work through them together, face-to-face. Apply for complimentary registration now.
