Albany Med laying off dozens of workers
Albany Med is eliminating 37 positions, and won’t fill several others.
CEO Dennis McKenna says the hospital has an “unprecedented” $66 million year-to-date operating loss.
The hospital says the positions were mostly non-clinical, and frontline workers were not affected. They say all affected workers will get severance and job placement help.
“This is not a situation unique to us. Health care organizations throughout the U.S. remain strained by staffing levels, reliance on costly agency contracts, and rising expenses across the board,” said McKenna, in a letter to staff. “These decisions are exceptionally difficult. They are necessary to protect our future as an independent health system with the highest quality care in our region.”
The hospital also says several staff members are also being moved or restructured.