California hospitals may miss retrofit deadline

A majority of California hospitals won't be able to meet state-mandated deadlines for seismic retrofitting because of the nation's credit crunch and their own deteriorating revenues, according to a report by the California Hospital Association. The report, based on a survey conducted in April, found that 64% of hospital chief financial officers said they would not be able to comply with the state's 2013 or 2015 seismic deadlines.