Observer-Reporter forum

phonyfeminazi · Expert Joined: 30 Sep 2008 Posts: 7819

MIAMI (AP) -- The city's major hospital network, which runs Miami's only round-the-clock trauma center and is a safety net for the poor and uninsured, is running out of money and could close, a predicament that illustrates the precarious financial state of many hospitals around the country.

The Jackson Health System will have little cash on hand by the end of March if it does not receive a $67 million advance from the county, said Marcos Lapciuc, treasurer of the Public Health Trust, the institution's governing board.

"We are very close, if not already in, a health care death spiral," Chief Operating Officer David Small said.

Jackson could run out of cash and shut by May or sooner, Lapciuc said, and the county mayor said officials were preparing to advance the hospital some money.

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Exposing the secular humanist liberal "progressives".

dick · Journeyman Joined: 28 Jan 2009 Posts: 3134

What sort of solution are you proposing?
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ellipses · Mod Joined: 29 Sep 2008 Posts: 9218 Location: WashPa!

Outlawing death spirals... I guess?
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