Vermont Hospital To Furlough 150 Employees
A Vermont hospital has furloughed 150 employees through June 20.
The Rutland Regional Medical Center has put almost 9% of its staff on unpaid medical leave. The hospital’s revenue is down by 60% and its volume of use is down by about 40%.
The hospital's president says the drop in revenue is a result of the hospital suspending elective procedures.
The Rutland Herald reports furloughs, administrative cuts and projected physician cuts are expected to save the hospital about $2 million through June 30. About half of the furloughed employees were administrative staff from medical clinics.
The hospital will continue to pay health insurance premiums for affected employees.
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