Mar 30, 2016 9:32 PM
Lakes Region's biggest hospital to cut 61 jobs
LACONIA - Officials at the Lakes Region's largest hospital announced Tuesday, that they will be getting rid of about 61 jobs due to financial challenges with health care, including Obamacare.
According to the Union Leader, Lakes Region General Hospital (LRGH) Healthcare said the Affordable Care Act is reducing reimbursement levels to hospitals.
"With increased patient volumes coupled with higher costs and generally lower reimbursements than we historically received, our challenge is to staff our campuses in line with these changes," LRGHealthcare president and chief-executive Seth Warren told the paper.
The hospital said that the job cuts will affect approximately 61 people, which is less than 5 percent of the organization’s workforce. It is the second time in less than a year that they've had to announced job cuts, where 22 positions were eliminated in May 2015.
Two weeks ago, Warren announced his resignation due to personal reasons where April 15 is expected to be his last day.