Layoffs at CVPH - WCAX.COM Local Vermont News, Weather and Sports-

Layoffs at CVPH

Posted: Updated:

CVPH Medical Center has laid off 17 workers to help balance a budget shortfall.

Hospital officials in New York say nine of the cuts came from management, eight others were hourly workers. They blame a reduction in reimbursements and fewer admissions for the revenue shortfall.

Through September, CVPH operating expenses exceeded revenues by more than $400,000.

The 17 people laid off will receive severance pay and health insurance through the end of the year.

CVPH employs more than 2,300 people.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.