Nonprofit hospitals to do more with less: Moodys
(Reuters) ? Nonprofit hospitals in the United States face a future of rising costs and dwindling funds as the healthcare reform is implemented and the Congress battles over the budget, according to a Moody?s Investors Services report released on Wednesday. To survive what the rating agency is calling a ?transition period,? the hospitals, which frequently provide free or discounted care for lower-income patients, will have to drastically cut spending. ?
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