Mainebiz

V I E W P O I N T S W W W. M A I N E B I Z . B I Z 3 J U LY 1 4 , 2 0 2 5 From the Editor H ospitals have been under the gun the past several years. It hasn't just been the pandemic; hospitals in Maine and elsewhere face shortages of doctors and nurses, rising costs and an ongoing battle over reimbursement claims. As Senior Writer Laurie Schreiber reports, crip- pling costs, plummeting revenues and aging infra- structure are just a few of the challenges. "A growing financial crisis that threatens [hospitals'] ability to provide care to our communities," a trade official tells Laurie. Her story starts on Page 12. Elsewhere in the issue, contributor Sloane Perron looks at the surge in over-55 communities in Maine. While 55-plus sites are popping up all over the state, the offerings are as complex and varied as the people going into them. Her story starts on Page 16. Awards only recognize part of the work being done I just want to give a shout-out to my Mainebiz colleagues for winning eight awards at the recent Alliance of Area Business Publishers conference in Ottawa, Canada. Deputy Editor Renee Cordes and Art Director Matt Selva each won three awards. But the real work goes well beyond the awards. Renee and Matt are stalwarts on the Mainebiz team, they're indispensable, but there are a lot of contributors here. We're a small team, about a dozen people, so everyone has a critical role, whether they're part of the editorial team, production, research, sales or support. We also have a host of freelance photographers and writers that are essential to a smooth operation. I am constantly hounding people, so I know it's a high-pressure environment, but we have a reliable crew, both inside and outside the office. Mainebiz and its two sister publications — the Worcester (Mass.) Business Journal and Hartford (Conn.) Business Journal — are owned by New England Business Media, which is led by CEO Peter Stanton and President Tom Curtin. Peter Van Allen pvanallen@mainebiz.biz Featured @ Mainebiz.biz For a daily digest of Maine's top business news, sign up for the Mainebiz Daily Report at mainebiz.biz/enews Mainebiz offers the latest business news in the Daily Report and the Real Estate Insider newsletters. Here is the top content from June 19 to July 7: 1. Maine community colleges forced to close chapter on free tuition 2. Renys to move into former Big Lots store in Augusta 3. With Boothbay Harbor deal, Maine-based hospitality firm builds its portfolio 4. Kittery lobster restaurant property sells for $2.25M 5. Caribou lands Maine's first Amazon distribution center 6. TimberHP exits Chapter 11 with long- term growth plan 7. Amid restructuring, Portland IT firm Tilson hires investment bank to sell the business 8. Portland arts nonprofit plans $18M theater expansion 9. Bar Harbor hospitality company breaks ground on flag hotel in Ellsworth 10. Swedish wound care manufacturer plans $134M expansion in Brunswick P H O T O / R E N E E C O R D E S 1 Shortages of doctors and nurses, rising costs and an ongoing battle over reimbursement claims plague hospitals. Maine hospitals are adapting to widespread challenges We're attorneys. But we're people first. Meet Adam, a strategic partner for healthcare organizations looking to strengthen their financial foundation or navigate financial distress. From proactive planning to complex business restructurings, Adam helps healthcare leaders think several steps ahead to achieve their goals and protect their bottom line. bernsteinshur.com Adam R. Prescott Shareholder

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