UMass Memorial Health

UMass Memorial Medical Center (UMMMC) cut all or part of 99 positions, including those in high-level roles as well as a small number of clinical staff members, a spokesman for its parent organization said today.

UMass Memorial Health Care has hired a new executive vice president and chief financial officer who will direct the system's finance and technology functions, among others.

A new report on the compensation of chief executives at large public charities in Massachusetts describes payment arrangements as “complex,” with compensation of CEOs at 25 of the state's biggest non-profits ranging from $487,000 to $8.8 million over a three-year period: 2009 to 2011.

UMass Memorial Health Care (UMMHC) has signed a letter of intent to sell Wing Memorial Hospital and Medical Centers in Palmer to Springfield-based Baystate Health for an undisclosed sum, UMass Memorial said.

Moody's Investor Service has downgraded UMass Memorial Health Care's credit rating in light of deteriorating operating performance and a host of other factors over several years, according to the credit rating agency.

Approximately 40 employees of UMass Memorial Medical Center (UMMMC) have been laid off, and more job cuts...

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UMass Memorial Health Care is bracing for layoffs as well as other cost-cutting measures in the face of a projected $57-million operating loss for its recently completed fiscal year.

Steven Roach, the CEO at Nashoba Valley Medical Center in Ayer, will move over to Marlborough Hospital as its president and CEO starting next month.

UMass Memorial Health Care is exploring potential “collaborative opportunities” with Springfield-based Baystate Health that could include clinical work, the Worcester-based health care system said today.