Southcoast Health reports 189 employee buyouts, $29M loss

FALL RIVER — Southcoast Health System Inc. reported that 189 employees have accepted voluntary early buyouts offered over the summer as the medical group struggles with rising costs and falling reimbursement rates resulting in an operating loss of $29 million for the first three quarters of the fiscal year. The final day to accept the…

Want More?

Subscribe or register with Providence Business News to keep reading.

for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -