MN Healthcare Non-Profits Feel Financial Squeeze on Future Plans

[This article posted on December 8, 2008. It is posted within the following categories: Corporate, via Michael Douglas, MD, MBA.]

While jobs in the healthcare sector are still very strong and relatively stable in the midst of this faltering economy, the forecast for expansion of many non-profits does not look too rosy.  In the face of declining patient rolls in many acute care facilities, healthcare organizations’ (including many here in the Twin Cities) working capital are shrinking entities in previously robust financial portfolios.  At the core of future restraints are employee job losses, and by extension, their individual healthcare coverage and benefits. | LINK

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