The CEO said budget shortfalls due to the high cost of business and declining reimbursements is the reason for the layoffs
Mainegeneral Health, a healthcare provider in Maine, has announced plans to lay off nearly 100 employees starting in April as part of a cost-saving measure. This decision comes in response to financial pressures including inflation, workforce shortages, and the need to invest in new technology and facilities. The layoffs will affect various positions across the organization, but Mainegeneral Health is committed to supporting the affected employees through severance packages, job placement assistance, and opportunities to apply for other open positions within the organization. The move is part of a broader strategy to ensure the long-term sustainability of the health system amidst challenging economic conditions.
Business & Finance 
