Healthcare

Boston Hospital Braced for Buyouts

Rising costs and lower insurance payments are forcing hard choices on Brigham and Women’s Hospital in Boston, according to an online report in Becker’s Hospital Review.

The hospital, which claims it’s profitable, nonetheless offered buyouts to 1,600 employees, according to the Boston Globe. “When we announced the voluntary retirement opportunity in April, we indicated that additional reductions in force would likely be necessary,” hospital officials said.

Under the buyout, employees aged 60 or older qualify for a year’s pay and 20 months of health insurance. Roughly ...