Job Cuts Expected After Merger of Two N.Y. Hospitals

St. Mary’s Hospital and Amsterdam Memorial Healthcare, both located in Amsterdam, N.Y., are expect to sign a formal acquisition agreement in the coming weeks, which will result in job losses, according to a report in the Albany Business Review.

Advertisement

Amsterdam Memorial, which employs 495 people, filed a WARN notice, listing its employees as part of a plant closure, according to the report. St. Mary’s says that it will maintain 80-85 percent of the Amersterdam Memorial staff, which would result in between 75 and 100 people losing their jobs.

Read about the St. Mary’s/Amsterdam Memorial merger.

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.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.