Most NV hospitals losing money

About two-thirds of Nevada general hospitals lost money in the third quarter of 2011, despite cost-cutting measures over the last few years, according to the latest report on the financial condition of the state's healthcare system. The report, obtained by the Reno Gazette-Journal, shows that 20 of the state's 33 hospitals lost money in the quarter. Hospitals around Reno and Carson City reported losses of $29.3 million, while hospitals around Las Vegas posted a $45.7 million combined loss in the third quarter of last year, according to data from the University of Nevada, Las Vegas-based Center for Health Care Information Analysis.