More short articles on healthcare financing: OIG tags Arizona health center for erroneous billingChicago health center beats accusations of ghost payroll schemeFinancial fallout from COVID-19: 9 healthcare facilities laying off workers.
The health system, consisted of Tufts Medical Center, Lowell General Hospital and MelroseWakefield Healthcare, experienced an extreme drop in client volume earlier this year due to the suspension of outpatient gos to and optional surgeries. In the 9 months ended June 30, the health system reported a $32.2 million operating loss, according to the report..
Burlington, Mass.-based Wellforce has actually laid off 232 workers as an outcome of operating losses connected to the COVID-19 pandemic, according to the Boston Organization Journal..
© Copyright ASC COMMUNICATIONS 2020. Intrigued in LINKING to or REPRINTING this material? View our policies by click on this link.
Wellforce carried out the layoffs after furloughing staff members and then calling many of them back. In April, it furloughed 719 workers, or about 5.5 percent of its workforce, for 3 months and lowered hours and earnings for another 1,236 workers. In September, the health system stated it had actually called back “the terrific majority of these workers,” according to the report..