Thursday, May 10, 2012

Nonprofit hospitals to do more with less: Moodys ? Forex - News ...

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(Reuters) - 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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