Navigation Links
Economic Downturn Takes Toll on California Hospitals
Date:1/7/2009

ardiology and obstetrics programs, subacute and psychiatric units and skilled nursing beds. Staff layoffs and pay cuts also are being reported.

The freezing of the credit markets is proving to be another significant hurdle for many California hospitals. More than 25 percent of hospitals report the inability to access financing for construction, remodeling, equipment purchases or working capital, according to the CHA survey. This has resulted in 41 percent of hospitals halting construction projects or equipment purchases.

The ability of California hospitals to meet the state's seismic upgrade requirements also is in jeopardy because of the economic crisis, with 38 percent reporting that they will be unable to meet the 2013 and 2015 deadlines.

The faltering economy also is beginning to take its toll on the ability of hospitals to remain viable contributors to the state's financial structure. Almost 70 percent of hospitals report that the deterioration of investment holdings has had a moderate or significant impact on their overall financial condition, with a number of hospitals concerned about their ability to comply with bond covenants related to cash and liquidity measures.

"It's clear from the survey results that the economic challenges facing all Americans are also affecting the hospitals who provide care to us when we are sick or injured," Dauner said. "When our hospitals are at risk, we are all in danger."

A full copy of the special report, called "A Report on California Hospitals and the Economy," can be found on CHA's website - www.calhospital.org

CHA, based in Sacramento, is the statewide leader representing the interests of more than 450 hospitals and health systems in California.


'/>"/>
SOURCE California Hospital Association
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. Neusoft Becomes First Global Growth Company Partner of World Economic Forum
2. McKesson Corporation CEO to Address the Detroit Economic Club on Preserving Our Healthcare System and Improving Quality of Life
3. Research!America Honors Univ. of Chicago Economists for Study Showing Economic Impact of HIV/AIDS Drug Development
4. AHRQ Expands Therapeutics Education and Research Centers and Adds New Topics: Health IT, Economics, Formularies
5. MedImmune presents new pharmaco-economic data at AAP regarding infants at high risk for RSV
6. Economic motivation may affect how often some physicians order imaging studies
7. BioElectronics Corporation Receives 2007 Economic Development Innovator of the Year Award
8. Through-Wave Ultrasound: Effective, Economical and Ideal for Breast Imaging, Biopsy
9. MedPAC Again Fails to Evaluate Overall Economic Conditions in Assessing SNF Funding Requirements
10. Skatepark injuries can incur economic pain
11. AARP Calls New EEOC Policy A Civil Rights and Economic Fiasco
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/25/2014)... The click strand woven bamboo flooring ... the business announces a click strand woven bamboo ... 2015. , Click strand woven bamboo flooring replicates ... well-known brand in the bamboo industry. It promises ... bamboo flooring supplier. , “We are happy to ...
(Date:12/25/2014)... iFitDress.com, the popular online supplier of wedding dresses and special ... black one-shoulder cocktail dresses . In addition, all these ... discounted prices, up to 70% off. , The ... only. You know, we have thousands of frequent callers in ... items can visit our website for more details. The current ...
(Date:12/25/2014)... 2014 Helen Harris’ RP (Retinitis Pigmentosa) ... California after an 8 year battle with breast cancer. ... evening in her home in Woodland Hills California after ... , As the founder and volunteer ... pioneered and championed many of today's greatest breakthroughs in ...
(Date:12/25/2014)... News) -- Overeating is common during the holidays, but there ... expert says. "Don,t arrive at a party hungry. It ... you,ll be attending a party, but deprivation leads to hunger, ... Northern Westchester Hospital in Mount Kisco, N.Y., said in a ... the day and even to have a snack before attending ...
(Date:12/25/2014)... 25, 2014 “ SmileStix ” was featured ... the latest and coolest mobile applications on the iOS, Android, ... host of NewsWatch, conducted the app review and shared with ... personal stickers. , The old saying goes, “A picture says ... words that can describe a single image, because each picture ...
Breaking Medicine News(10 mins):Health News:BambooFlooringChina.com: click strand woven bamboo flooring promotion valid until Jan. 30, 2015. 2Health News:iFitDress.com: Black One-Shoulder Cocktail Dresses for 2015 2Health News:RP International founder, Helen Harris Dies on Christmas Eve Just Hours Before Her Holiday Television Broadcast to Raise Funds to Cure Blindness was Broadcasted Nationally 2Health News:RP International founder, Helen Harris Dies on Christmas Eve Just Hours Before Her Holiday Television Broadcast to Raise Funds to Cure Blindness was Broadcasted Nationally 3Health News:RP International founder, Helen Harris Dies on Christmas Eve Just Hours Before Her Holiday Television Broadcast to Raise Funds to Cure Blindness was Broadcasted Nationally 4Health News:An Application to Create Custom Stickers was Featured on NewsWatch Television on December 19, 2014 2
... publisher of open access journals, is pleased to ... (JCMR) is moving to BioMed Centrals open access ... & Francis. The move from a subscription publisher ... Cardiovascular Magnetic Resonance (SCMR) members and JCMR authors ...
... OCALA, Fla., Dec. 12 Franck,s Compounding Lab ... Pharmacy Services in,Woodruff, Wisconsin. Island Pharmacy owners, Randy ... other personal interests. Selling their,pharmacy to Franck,s Compounding ... ensure the continuance of high quality prescriptions and ...
... and Babies "R" Us to help prepare local moms for the ... ... Dec. 12 With a traditional theme of,pink and blue, local ... Blue Shield hosts a community-wide baby shower today,for local moms-to-be at ...
... found fat mice had harder time fighting gum disease ... people find it harder to fight infections, and a ... new study from Boston University researchers. , In experiments ... , obese mice had less ability to battle gum ...
... antibody,engineering company developing novel antibodies and antibody fragments,based ... that it,has established a Scientific Advisory Board and ... of this advisory body. Members,of f-star,s Scientific Advisory ... College, London, UK, Sir Ravinder Maini is ...
... to six community organizations in ... underserved areas, WOODLAND HILLS, ... a total of $30,000 in end of,year donations to various food banks ... agencies in northern and,southern California to assist vulnerable populations., Blue Cross ...
Cached Medicine News:Health News:Society of Cardiovascular Magnetic Resonance chooses open access 2Health News:Anthem Blue Cross and Blue Shield Celebrates Local Moms-to-Be at Community Baby Shower 2Health News:Anthem Blue Cross and Blue Shield Celebrates Local Moms-to-Be at Community Baby Shower 3Health News:Obesity Weakens Immune Response 2Health News:Antibody Engineering Company f-star Appoints Three Pioneers in Antibody Engineering and Development to its Newly Established Scientific Advisory Board 2Health News:Antibody Engineering Company f-star Appoints Three Pioneers in Antibody Engineering and Development to its Newly Established Scientific Advisory Board 3Health News:Blue Cross of California Gives $30,000 in Holiday Donations to Food Banks Throughout the State 2
(Date:12/24/2014)... 2014 /CNW/ -   ... Health Canada tests confirmed it contains two undeclared amphetamine-like ... phenylpropylmethylamine). The distributor, Empire Health Distribution of ... retail stores across Canada .  Jetfuel ... weight loss and increased energy. What ...
(Date:12/24/2014)... , Dec. 24, 2014 Kinex Pharmaceuticals announced ... KX2-361 at Roswell Park Cancer Institute. KX2-361 ... drug that has shown potent inhibitory activity against a ... that are resistant to Temozolomide (T98G), the most widely ... a well-established brain tumor mouse model, KX2-361 consistently clears ...
(Date:12/24/2014)... FARMINGTON, Conn. , Dec. 24, ... PTN), a biopharmaceutical company developing targeted, receptor-specific peptide ... unmet medical need and commercial potential, today announced ... of 2,050,000 shares of its common stock and ... its common stock.  Funds under the management of ...
Breaking Medicine Technology:"Jetfuel Superburn" recalled after Health Canada tests find undeclared drug ingredients 2Kinex Pharmaceuticals Announces First Patient Dosed with KX2-361 in a Phase 1 Clinical Study 2Kinex Pharmaceuticals Announces First Patient Dosed with KX2-361 in a Phase 1 Clinical Study 3Palatin Completes $20 Million Equity and $10 Million Debt Financings 2Palatin Completes $20 Million Equity and $10 Million Debt Financings 3Palatin Completes $20 Million Equity and $10 Million Debt Financings 4
... 8 Bacterin International Holdings, Inc. (OTC ... Guy Cook, President & CEO of Bacterin will be ... hosted by Security Research Associates, Inc. ("SRA").  The conference ... Westin St. Francis in San Francisco.  Bacterin is scheduled ...
... Oct. 8 ADVENTRX Pharmaceuticals, Inc. (NYSE Amex: ... Forum Biotech, Healthcare & Pharma Virtual Conference.  Interested parties ... www.adventrx.com beginning October 13, 2010 at 12:30 ... days.   About ADVENTRX Pharmaceuticals ...
Cached Medicine Technology:Bacterin International Holdings, Inc. to Present at the 6th Annual Fall Growth Stock Conference Hosted by Security Research Associates, Inc. 2Bacterin International Holdings, Inc. to Present at the 6th Annual Fall Growth Stock Conference Hosted by Security Research Associates, Inc. 3
For use with Slitlamps which have a smaller distance between the eye and the reduction prism than the Haag-Streit 900. Designed to work with argon/YAG Lasers....
... complete image capture and management application that ... leading ophthalmic clinicians, ophthalmic photographers and optometrists ... securely document the eye via the slit ... slit lamps equipped with digital or video ...
... EyeCap SL is the most advanced means ... capture and management system that acquires extremely ... latest technology.Images can be captured directly from ... cameras, as well as any other ophthalmic ...
The best combination with the Haag-Streit 900 Slitlamps. For examination of the entire fundus, the vitreous and the iridocorneal angle. For children up to 4 years of age. 11 mm internal diameter of t...
Medicine Products: