LEBANON, N.H. (AP) - Dartmouth-Hitchcock has announced it will lay off 84 employees in an effort to reduce overall expenses after it recently discovered a $23 million quarterly operating deficit.
President and CEO Dr. James Weinstein said Monday the layoffs are part of a “performance improvement process” after a 12-month period in which Dartmouth-Hitchcock posted a $12 million loss and a negative 0.8 percent operating margin.
The Valley News reports a Dartmouth-Hitchcock spokesman declined to say which jobs will face cuts or when the layoffs will occur. Dartmouth-Hitchcock initially said it might lay off up to 460 people.
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State health officials are asking for assurance that the layoffs will not affect psychiatric care. Dartmouth-Hitchcock was recently awarded a $36 million contract to run the state’s psychiatric facility, New Hampshire Hospital.
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