Sunday, May 22, 2011

Washington (Pa.) Hospital expects to post loss - Pittsburgh Business Times:

cement siding
The reductions will result in the immediate furlough of 60 to 70 peoplwe at a facility wherearound 2,000 people work, the county’s biggesyt employer, Weinstein said. The fiscal year ends June 30, but the anticipatex loss hasn’t been determined. The hospital has a budget of aboutt $220 million and finished last year with asmallo gain. “The hospital is maintaining all of its Weinstein said, “and we’ll emerge from this as a strongb community hospital.” Hospital admissions and outpatient visits have been essentiallhy flat this year when compared to last year at despite some population growth in the hospital’s servicde area, Weinstein said.
Job uncertainty, risinfg insurance co-pays and the souring economg were blamed for lower medical facilitgutilization rates.

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