Financial cure unsure at Grady
Atlanta Journal-Constitution, August 25, 2008
Resistance from staff, bad technology, delays, and worker shortages are hampering PricewaterhouseCoopers' makeover of Atlanta-baed Grady Memorial Hospital's cash flow, a report shows. The consultant saved Grady more than $34 million between October and June 30, the report says, but "significant barriers" stand in the way of transforming the public hospital into a profitable enterprise. The report also raised questions about whether the hospital can sustain all the savings Pricewaterhouse-Coopers has realized. Grady must attract more patients and grow more efficient, said Pricewaterhouse-Coopers representatives.
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