More hospitals may face closure
Two reports this week say that New Jersey residents should brace for more hospital closings.
"Hospital closures and job cuts aren't welcome news for any community, but they're a necessary reality for New Jersey hospitals," said Betsy Ryan, president of the New Jersey Hospital Association. State hospitals last year reversed 2008's economic tailspin, but the outlook is still very uncertain, the group said Thursday in its 33rd annual report.
Separately, Moody's Investors Service predicted "more hospital closures, payment defaults or bankruptcy filings over the next several years."
- 'Kafkaesque' Value System Unfairly Penalizes Doctor Pay
- Proton Beam Therapy Poised for Growth in US
- mHealth Tackles Readmissions
- CNO Leads $1M Charge for New Scrubs, Uniforms
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- 4 Crucial Tactics for Reining in Healthcare Cost
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- How, and Why, to Recruit Male Nurses
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- Docs Fret as HHS Addresses Malpractice Reporting 'Loopholes'