In the memo, the hospital said that it is eliminating 52 vacant positions, 24 occupied positions, reducing overtime and delaying some capital improvements in an effort to respond to challenges posed by insurance reimbursement and the economic recession.
Operational evaluation teams will be created in February to assist EEMC with its goal of making cuts while not degrading the quality of the care it offers, according to a news release. These teams will reassess everything from EEMC’s capital purchases and projects to leadership structures.
Read the memo describing the Eastern Maine Medical Center cutbacks.
Read news release about the Eastern Maine Medical Center financial challenges.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
