With Medicare payments being withheld, the health system has less than 10 days of cash on hand, according to the complaint filed with the United States District Court Friday.
Business
Local, state and national business news from the Sun Journal.
Posted inBusiness, Maine
Maine looks to battery storage for electrical power, but who would own it is unclear
CMP and Versant have argued that energy storage should not be considered generation, and that they should be able to own and control such projects.
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Posted inBusiness, Lewiston-Auburn, Maine
Lewiston and Auburn post strong building permit numbers for 2024
2024 reports show more than $165 million in activity combined in the Twin Cities.
Posted inBusiness, Maine, News, Politics
How the pandemic ‘sugar high’ led to Maine’s budget crunch
The days of eye-popping revenue growth are over, and lawmakers face a gap of $450 million in the next budget cycle.
Posted inBusiness, Maine, News
Maine’s highest court proposes barring justices from disciplining peers
If adopted, Superior and District Court judges would handle complaints against Supreme Judicial Court justices.
Posted inBusiness, Maine, News
Maine regulator clashes with lobstermen at turbulent meeting, withdraws catch size rules
Lobster harvesters and dealers said the proposed change would have eliminated the most lucrative segment of their catch.
Posted inBusiness, Maine
Maine Trust for Local News forms quick strike reporting team
The three-person team is tasked with identifying strong investigative and narrative stories and getting them to readers quickly.
Posted inBusiness, Franklin, Maine, The Franklin Journal
Closure of Turner egg farm will affect local farms
While organic dairy farmers have relied on hen manure from the facility as a more economical way to fertilize their crops, the closure may result in fewer eggs available for consumers.
Posted inBusiness, Maine, Politics
Gov. Mills proposes creating a Maine department of energy
The proposal would elevate the Governor’s Energy Office to a Cabinet-level department if approved by lawmakers as part of the budget.
Posted inBusiness, Maine, News
Appeals court takes up challenge to Bar Harbor’s cruise passenger limit
Businesses claim a voter-approved cap on the number of cruise passengers that can visit the town near Acadia National Park is unconstitutional.