Hospitals are suffering through the recession, many of them cutting staff for the first time, but some for-profit hospitals are doing surprisingly well, speakers said Friday at the annual South Florida Healthcare Summit.
More than 200 people attending the conference in Davie heard what was basically a grim financial outlook for their industry.
Caroline Rossi Steinberg, a trends specialist with the American Hospital Association, said 43 percent of hospitals surveyed reported a negative net return for the first quarter, compared with 26 percent for the same period last year.
Many doctors are also hurting, Steinberg said. Sixty-five percent of hospitals surveyed said they had seen increased numbers of doctors seeking employment, partnerships or help in purchasing equipment.
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