Intelligence Unit
Special Reports
Special Events
Subscribe/Buy
Sponsored
Departments
- Leadership
- Finance
- Technology
- Physicians
- Community Hospitals
- Health Plans
- Marketing
- Quality
- Nursing
- HR
Follow Us
Market pressures hit UMass Memorial
Worcester Business Journal, January 9, 2012
The financial performance of UMass Memorial Health Care Inc., the largest employer in Central Massachusetts, fell well below expectations in its recent fiscal year, raising the possibility of layoffs and cost-cutting in 2012. John G. O'Brien, the system's CEO and president, acknowledged that the results have him and his executive team analyzing the business model, a process that could include the elimination of some full-time positions, shedding of some ventures and pursuing changes to employee pension plans.
Most Viewed
Most Emailed
- Urologists 'Outraged' Over PSA Test Challenge
- New Facebook Page Gathers Stories of Medical Harm
- Luxury Hospital Facilities Put Patient Experience First
- Five Hospitals Share Three Secrets to Improve Knee Surgery Outcomes
- Heartland Health Joins Mayo Clinic Network
- Beleaguered Fairview Health CEO to Retire in July
- Health Insurance Exchanges Put Defined Benefits to the Test
- Challenging Physicians to Help Improve the ED
- How Rivals Built an ACO
- For hospitals and insurers, new fervor to cut costs
