Thursday, April 8, 2010
Pen Bay Healthcare Cuts Jobs Increases Rates
It's hardly a surprise.
the problem is these guys couldn't make money in the boom. Now that we're in a depression they slash jobs and ramp up the fees. Typical stupidity.
Hey...not to mention most people dread going to Pen Bay. It's a chop shop. No one smiles. It's government health care at it's best! So I guess they'll fit right in.
By Stephen Betts
Rockport — Pen Bay Healthcare has laid off 15 employees, reduced hours for 20 more workers, and eliminated vacant positions in an effort to deal with the lingering national recession.
The Pen Bay Healthcare Board of Trustees adopted a $139 million budget for 2010-2011 at its March 22 meeting. The budget covers the period from April 1, 2010 through March 31, 2011.
"This budget reflects the reality that organizations like Pen Bay are facing due to the continued impact of the national recession on health care," said Pen Bay Healthcare President and Chief Executive Officer Roy Hitchings.