Will Obama boost federal Medicaid dollars to give Hospitals some Hope.

It’s not only elective procedures that are down. A recent survey from the American Hospital Association says two-thirds of hospitals are seeing lower patient admissions overall. And this is at a time when they were counting on an older population needing more care. Hospitals could get a helping hand from the incoming Obama administration. The president-elect’s transition team says an economic stimulus package might include a boost in federal Medicaid dollars. That is giving hospitals some hope, in what otherwise appears to be a weak and bleak 2009. (source)

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