Southwestern VT Medical Center Plans on Reducing Expenses - FOX44 - Burlington / Plattsburgh News, Weather & Sports

Southwestern VT Medical Center Plans on Reducing Expenses

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BENNINGTON, Vt. -

Southwestern Vermont Medical Center plans to reduce expenses by up $5 million this fiscal year.

The hospital's spokesperson says after they make reductions they'll form a plan to reduce expenses up to 20% over the next five years.

This will lead to fewer jobs.

Reports show there is not a plan to lay off a large amount of people.

Other hospitals in the area have also seen a drop in revenue as a result of fewer billable services such as surgeries and tests.

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