Editorial: Another Acute Non-Profit Faces Closing
Posted on April 4, 2008 by Michael Douglas, MD, MBA
Hospital for sale in Suburban Chicago. Although in pristine condition, it’s still a “fixer-upper”. Needs a little work in the following areas: state Medicaid reimbursements are a little low; buyer must agree to take its estimated 40,000 annual emergency room visits — no questions asked; finally, buyer must furnish a capable accountant to work with greedy insurance companies for services rendered. | LINK




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