Dire Straits: A new report from Moody’s says that nonprofit hospitals have been squeezed by a drop in elective surgeries and by state Medicaid cuts, and stand to be pressured even further by Medicare cuts stemming from the health-care overhaul law and future deficit-reduction efforts, the WSJ reports . A review of 401 hospitals financial results from 2010 finds only 4% revenue growth, the lowest since Moody’s started tracking these stats 20 years ago, with 20% running a loss on an operating basis. Most of the hospitals had margins of 5% or less. Working on Settlements: Johnson & Johnson said in a regulatory filing that it has a tentative agreement to resolve misdemeanor criminal charges over its marketing of the antipsychotic Risperdal, though certain issues are still not finalized, Bloomberg News reports . J&J is also trying to settle civil probes into the marketing of Risperdal and another drug, Invega, BN says. None of this is expected to have a material financial effect, J&J said in the filing. A company spokeswoman didn’t immediately provide a comment to BN. Considering Salmonella: A USDA inspection last year found
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A.M. Vitals: Slow Economy, Government Cuts Squeeze Nonprofit Hospitals


John


