By Andrea K. Walker, The Baltimore Sun
7:15 PM EDT, June 20, 2013
University of Maryland Medical Center said Thursday it will reduce labor expenses by 3 percent, including the elimination of 65 jobs next week.
The Baltimore hospital will lay off additional employees during a second round of job cuts in August. It has not yet been decided how many additional employees will lose their jobs in the second phase.
The hospital will also reduce labor expenses by eliminating vacant positions and cutting back on contract labor and overtime.
Hospitals throughout Maryland are looking to cut costs in the wake of federal budget cuts and what the medical institutions have called inadequate rate increases.
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