Financial Woes At Maine Medical Center: Reading This Blog Might Have Saved Them Millions Of Dollars, And Prevented Massive "Cost Saving Initiatives"

In this article, the euphemistic and almost endearing term "hiccup" is used instead of the more traditional "glitch" to describe obvious major information technology malfunctions.  It is likely the knowledge at this blog and at my health IT dysfunction teaching site could have helped prevent most of these problems:

Financial woes at Maine Medical Center
New England health system facing $13 million loss, initiates plan to save $15 million
NEW GLOUCESTER, ME | May 2, 2013

In a memo to its employees last week, one of Maine’s largest health systems said it has suffered an operating loss of $13.4 million in the first half of its fiscal year.

“Through March (six months of our fiscal year), Maine Medical Center experienced a negative financial position that it has not witnessed in recent memory,” Richard Petersen, president and CEO of the medical center, wrote in the memo to employees. A copy of the memo was sent to MedTech Media, publisher of Healthcare Finance News.

A "negative financial position" (translation: we lost big money) that it has not witnessed in recent memory?  What are the reasons?