Fletcher Allen Health Care -- which has spent several months attempting to repair troubles resulting from a certificate-of-need compliance scandal -- is reviewing more than a dozen programs for the potential to lower costs and raise revenue and may lay off employees soon as part of the effort to improve the financial standing of the Burlington, Vt., hospital. Interim CEO Edward Colodny did not provide details about possible layoffs but said the number will not be huge and will not include nurses. In the first quarter of this year, the hospital lost $4.9 million, compared with expectations that it would end up $4.9 million in the black. Fletcher Allen's recent problems have included allegations that former executives lied to state regulators about construction costs and multimillion-dollar overruns on a major project. -- by Tony Fong
Fletcher Allen eyes layoffs, other cost reductions
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