Labor ills, budget gap slam Westchester Medical Center
With strained labor relations in the wake of 400 job cuts and leaders still grappling with a $26 million budget gap, there seems to be no panacea for the woes at Westchester Medical Center. The medical center is dealing with the same financial problems as other hospitals—declining Medicaid and Medicare reimbursements—but because it's a public-benefit corporation, it has the added pressure of state pension payments, said Kevin Dahill, president of Northern Metropolitan Hospital Association, which represents hospitals in the Hudson Valley.
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- FDA hopes hospitals will switch to newly regulated pharmacies
- The 5 Biggest Healthcare Finance Trouble Spots
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- Nonprofit Hospital Outlook 'Negative' in 2014
- The Most Polarizing Topics in Healthcare IT
- How CPOE Will Make Healthcare Smarter
- Are ACOs Really Different from HMOs?
- Why You Should Involve Patients in Nursing Handoffs
- Rise of the Chief Strategy Officer