California hospitals seek a broad bailout, but they don’t all need it

California hospitals seek broad bailout, but they don’t all need it

Cedars-Sinai Health System got nearly $28 million last year under a recession-era financing scheme that allows wealthy hospitals to take tax money from poorer ones.

California hospitals seek a broad bailout from lawmakers, but they don’t all need it

A @KFFHealthNews analysis reveals that even with economic headwinds, the California hospital industry earned roughly $131 billion in patient revenue last year.

California hospitals seek a broad bailout from lawmakers, but they don’t all need it

A @KFFHealthNews analysis reveals that even with economic headwinds, the California hospital industry earned roughly $131 billion in patient revenue last year.

California hospitals seek a broad bailout from lawmakers, but they don’t all need it

A @KFFHealthNews analysis reveals that even with economic headwinds, the California hospital industry earned roughly $131 billion in patient revenue last year.

California hospitals seek a broad bailout from lawmakers, but they don’t all need it

A @KFFHealthNews analysis reveals that even with economic headwinds, the California hospital industry earned roughly $131 billion in patient revenue last year.

California hospitals seek a broad bailout, but they don’t all need it

As hospitals squeeze Democratic leaders in Sacramento for more money, health care finance experts and former state officials warn against falling for industry fear tactics. They point to healthy pr…