“Significant Financial Shortfall” at EMMC in Bangor

Caitlin Burchill

Updated 11 months ago

Eastern Maine Medical Center in Bangor is dealing with a quote “significant financial shortfall.”

That’s according to a press release on the hospital’s website.

EMMC’s president and CEO says the hospital has not met their targets due to changes in Medicaid and Medicare reimbursement totaling an estimated $10 million annual decrease in funds.

As well as, $27 million in free care and bad debt as a result of the Affordable Care Act, which is an $8 million increase than the same time last year. 

And, it says they have had lower than expected volume in certain service areas.

In response, the hospital says it is reviewing its operations, trying to improve efficiency and reduce expenses.

  • http://www.christophergodsoe.com/ Christopher Godsoe

    Not meeting their targets is not the same as losing money. As with everything nowadays, this was carefully worded. I find it hard to feel sympathy for a corporation missing PROFIT targets when average people are seeing their health insurance go up $100 A WEEK in many instances.