Massachusetts hospital faces medical bills
A $57.5 million expansion at Jordan Hospital in Plymouth, MA, in 2006, followed by drop-off in admissions has forced the CEO to cut to the bone. Admissions are off about 9% from last year, and revenue had returned to 2005 levels. To cut costs, the hospital has eliminated the equivalent of 45 full-time jobs, or about 3% of the staff, about half by attrition.
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