Saturday § December 27, 2008
Another Sign of Troubled Economic Times: Hospitals’ Fiscal Woes
Hiring freezes. Acute care and same-day procedure clinic closures. Shrinking inpatient censuses. These are the problems healthcare organizations’ hospitals and clinics are having in these troubled economic times. Brought on by beneficiaries’ lack of coverage via job losses and lingering Medicaid and Medicare cuts in reimbursements, the financial crises shared by these institutions have led to rather disastrous results, bankruptcies chief among them. | LINK | RELATED LINK
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