Tufts Medicine Cuts Nearly 200 Jobs Amid Financial Struggles

TL;DR Summary
Tufts Medicine, one of the largest healthcare systems in Massachusetts, is laying off nearly 200 workers, primarily in administrative and non-direct patient care roles, due to ongoing financial difficulties stemming from capacity issues, high contract labor expenses, and rising supply chain costs. The healthcare system had previously cut its workforce in August and January last year, and its financial struggles are attributed to a high proportion of patients covered by Medicare and Medicaid, which typically pay lower amounts than other insurers.
Topics:business#financial-difficulties#healthcare#healthcare-system#layoffs#massachusetts#tufts-medicine
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