St. Joseph Hospital in New Hampshire Shuts Down Subsidiary Companies

St. Joseph Hospital in Nashua, N.H., announced it will be closing its subsidiaries Rockingham Regional Ambulance and Granite State Mediquip, translating to a 10 percent reduction in the hospital's workforce, according to a Nashua Telegraph report.

The subsidiary shutdowns, which will go into effect this fall, are a response to state budget cuts that represent a $19 million loss over the next two years for St. Joseph. Recently, St. Joseph and other hospitals joined together in a lawsuit against the state's budget cuts.

According to the report, the subsidiary shutdowns are just the first phase of job cuts at the hospital. Officials declined to share details on which hospital department could be cut next.

Read the report about cuts at St. Joseph Hospital.

Related Articles on Hospital Layoffs:

Idaho's Portneuf Medical Center to Lay Off 30 Employees
S.C.'s Bamberg County Hospital Lays Off One-Third of Employees as Three-County Consolidation Fails
Exempla Lutheran Medical Center in Colorado to Cut Staff by 160 Positions

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