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U.S. hospitals see profits dive, AHA reports
The nation’s 5,010 nonfederal community hospitals posted a $17 billion overall profit in fiscal 2008—down 61% from the previous year—amid a punishing recession that caused a $20.5 billion reversal in healthcare providers’ investment portfolios, according to new statistics from the American Hospital Association.
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Could Three Bills Bury Your Hospital’s Bottom Line?
What’s happening in Washington with healthcare reform is laughable in the world of business. Well, laughable may not be apropos as so many people’s livelihoods and well-being are at stake. Still, it would be preposterous for a company to inform its top employees that they are receiving a 21% pay cut, not because they are doing a lousy job, but because the bean counters used the wrong formula to calculate their salaries. It wouldn’t happen. That company would be the laughing stock on Wall Street.
Read more about this at http://www.healthleadersmedia.com/content/241054/topic/WS_HLM2_FIN/Could-Three-Bills-Bury-Your-Hospitals-Bottom-Line.html

