PORTLAND — Hospitals this month will feel relief when they receive nearly $500 million from the state, but the payments don’t provide a remedy for higher taxes that hospitals are paying and lower reimbursements they’re receiving for medical services, hospital officials say. Half a billion dollars sounds like a lot of money and hospitals are […]
hospitals
Posted inMaine
State sells bonds to pay off $183 million in MaineCare hospital debt
AUGUSTA — A bond was sold Tuesday to pay off $183.5 million in state debt for services provided by hospitals under MaineCare, the state’s Medicaid system, Gov. Paul LePage said. The payment will trigger more than $300 million in federal matching funds. “With the sale of the liquor revenue bond, Maine hospitals are now just […]
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Posted inBusiness, sj-web
Maine Medical Center announces 50 layoffs, 175 position cuts, other reductions
PORTLAND — Maine Medical Center on Tuesday afternoon announced a slate of personnel and payroll cuts, including the elimination of 175 positions, layoffs of 50 employees and 12.5 percent reductions in compensation for top hospital administrators. “This is a difficult day that is unfortunate, but necessary for creating the future that our patients and employees […]
Posted inBusiness, Maine
Maine hospitals face Medicare penalties for readmissions
List of penalties imposed on Maine hospitals A dozen Maine hospitals face Medicare penalties in round two of the federal government’s push to lower the number of patients who wind up back in the hospital within a month of being discharged. Compared to other states, Maine’s hospitals ranked near the top, at seventh nationally by […]
Posted inOur View
Local hospitals highly rated by consumer group
St. Mary’s Regional Medical Center is top-rated among six hospitals in Maine for surgical quality followed by Central Maine Medical Center, according to rankings recently released by Consumer Reports. That means two of the best surgical care hospitals are located in Lewiston, which should be a point of pride for the entire community. This is […]
Posted inLetters
W. Phillips: Creating a health care monopoly
Hospitals in Maine are hurting financially. Reimbursements are down, accounts receivable are up, particularly from the state, which still owes Maine hospitals millions of dollars for services already provided to thousands of patients and unpaid for years. Unfortunately, the population of Maine has not been increasing, and lucrative services have declined. To attract insured patients […]