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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.”

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