Non-Profit Hospitals Facing a Tough Future
Reuters on Wednesday reported on a new report from Moody’s. The article reports, “Nonprofit hospitals in the United States face a future of rising costs and dwindling funds as the healthcare reform is implemented and the Congress battles over the budget, according to a Moody’s Investors Services report released on Wednesday. To survive what the rating agency is calling a ‘transition period,’ the hospitals, which frequently provide free or discounted care for lower-income patients, will have to drastically cut spending.” http://tinyurl.com/cftq6om.
