Hospitals across the country will face significant job losses…Hospitals projected to flip from operating in the black to the red include notable institutions like Cedars-Sinai Medical Center in Los Angeles, which faces an estimated $9 million cut in Medicare payments; Yale-New Haven Hospital in Connecticut, which could lose an estimated $6.4 million; Loma Linda University Medical Center in, Loma Linda, Calif., which stands to lose nearly $4 million in Medicare payments; and the Mayo Clinic Hospital in Phoenix, which is looking at an estimated $2.4 million loss.
McClatchy (Washington bureau) by Tony Pugh
Tags: Cedars-Sinai Medical Center, Finanical, Industry News & Competitive Intelligence, job losses, Mayo Clinic Arizona, McClatchy, Medicare payments, payment cuts, Yale-New Haven Hospital