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Local News

February 14, 2014

Inter-Lakes Health hits financial difficulty

13 workers to be laid off; Another 10 positions will be reduced to part time

TICONDEROGA — Inter-Lakes Health has laid off 13 workers and reduced another 10 from full time to part time at its health-care campus in Ticonderoga.

Officials at Inter-Lakes said in a news release that the cuts are due to financial problems but that operations at their facilities, Moses-Ludington Hospital and Heritage Commons nursing home, will not be affected.

Another 10 positions at Inter-Lakes will not be filled due to attrition, Chief Executive Officer Chip Holmes said in the release, bringing the number of jobs impacted to 33.

Inter-Lakes Health currently employs 289 people at the hospital and nursing home.

In announcing the cuts on Thursday, Holmes said it is a difficult time for Inter-Lakes Health.

‘ADJUSTMENTS’

“The hospital and nursing home health-care campus made adjustments to right-size its workforce ... to address ongoing financial issues.”

He stressed that the hospital’s Emergency Department will continue to be fully staffed and operating 24 hours a day.

The 13 job eliminations include ancillary and support positions in both the hospital and nursing home, the release said.

The 13 staff members who were laid off will receive pay out of their vacation banks, health-insurance coverage through March and assistance from Inter-Lakes in finding new employment, Holmes said.

Another 10 positions will be cut through attrition and retirements and will include senior management through frontline operations.

An additional 10 jobs will be converted from full time to part time, and the staff currently in those positions will be offered the opportunity to work part time, Holmes said.

REVENUE DECLINE

Officials at Inter-Lakes said the shift to more outpatient care rather than inpatient care and continued cuts in reimbursement programs were driving the job cuts.

“The cumulative financial impact of these factors has resulted in a significant drop in revenue,” said Holmes, who is also a vice president at Fletcher Allen Health Care in Burlington.

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