Cash Deficit of California Hospital Due Partly to Government Payment Delays
April 07, 2010
The cash deficit for San Joaquin General Hospital in French Camp, Calif., has risen from $47.9 million to $52.1 million, primarily due to payment delays from government funding sources and its unbudgeted operating losses, according to a report by the Record.
Monthly losses for 212-bed hospital improved in February but are still projected to reach $18 million to $19 million by the end of the fiscal year.
The county Board of Supervisors plans to hold a public hearing to propose service reductions.
Read the Record's report on San Joaquin General Hospital.
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