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$175M loss in BMC layoffs

<strong>BOSTON. </strong>Boston Medical Center announced yesterday that it will reduce its work force by 119 people next month because it expects to lose $175 million this year.

BOSTON. Boston Medical Center announced yesterday that it will reduce its work force by 119 people next month because it expects to lose $175 million this year.


The hospital attributed the loss to “dramatic changes” in the way it is reimbursed for taking care of Medicaid patients.