This is from the Tribune, more layoffs more budget cuts... Not sure where this is going to end...
It wasn’t long ago that Charles Holland was giving opening-day tours of the gleaming outpatient center at St. Bernard Hospital in the Englewood neighborhood, built to bring a bevy of health care services — and optimism — to a community in need of both.
A year and a half later, the carpets still look brand-new, but the CEO’s tour is tinged with great anxiety about the future of the 114-year-old hospital.
As the state revamps an outdated formula that distributes hospital Medicaid funding, many hospitals like St. Bernard whose budgets rely heavily on the money are bracing for a financial hit they say they can’t afford.
Read the whole thing on ChicagoTribune.com:
http://www.chicagotribune.com/business/ct-biz-safety-net-hospital-assessments-0121-story.html