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May 25, 2015 2:26 PM ET

Healthcare Providers and Services

Company Overview of Maine Medical Center

Company Overview

Maine Medical Center operates as a community hospital. It offers patient care, cancer care, heart care, children’s care, day surgery, cardiac catheterization, primary care, geriatric care, emergency care, kidney care, and mental health care services. The company also provides respiratory care, sleep disorders, stroke care, laboratory, rehabilitation, outpatient, and preventive and consultation services. It serves the people of greater Portland, Maine; and northern New England. Maine Medical Center was founded in 1951 and is based in Portland, Maine.

22 Bramhall Street

Portland, ME 04102-3175

United States

Founded in 1951

Phone:

207-662-0111

Fax:

207-662-4900

Key Executives for Maine Medical Center

Chief Executive Officer, President and Ex-Officio Trustee
Chief Operating Officer and Vice President
President of MaineHealth and Ex-Officio Trustee
President of Visiting Board of the Children's Hospital and Ex-Officio Trustee
President of Women's Board and Ex-Officio Trustee
Compensation as of Fiscal Year 2014.

Maine Medical Center Key Developments

Maine Medical Center Opens State's Only 24-Hour Pharmacy

Maine Medical Center opened the state's only 24-hour pharmacy, which for the first time will allow patients to fill their prescriptions at the hospital before being discharged. The Portland hospital will be hiring 10 pharmacists and 25 pharmacy technicians.

Maine Medical Center Announces 50 Layoffs, 175 Position Cuts, Other Reductions

Maine Medical Center announced a slate of personnel and payroll cuts, including the elimination of 175 positions, layoffs of 50 employees and 12.5% reductions in compensation for top hospital administrators. The institution faced a late fiscal year 2013 budget gap triggered by reductions in payments from the government and commercial payers, as well as an increase in care for patients who cannot afford to pay, among other factors. In addition to the layoffs, compensation cuts for administrators and elimination of vacant positions, the hospital announced that more than 120 employees took advantage of an early retirement package that was offered last month. Those 120 came from a group of 374 who were eligible for the package.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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