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FL hospitals face huge fed, state cuts

The Miami Herald, January 24, 2013
With the federal government already slashing their funds in big and small ways, and major state cuts possible from the upcoming session of the Legislature, South Florida's hospitals are concerned about looming financial problems. An analysis by the Florida Hospital Association shows that Miami-Dade hospitals stand to lose $1.9 billion in federal funding over the next decade to treat Medicare patients. Broward facilities also face huge losses, but the FHA did not separate them out of the $11 billion that hospitals statewide are expected to lose during the next 10 years.