This is not really anything new today as we have all heard about the projects being delayed or cancelled based on not enough money, so now the AHA is swinging in to action as well.  With the current state of affairs with the economy, the resources available to hospitals are also dwindling in size.  BD 

I have an entire series that gets updated from time to time called “Desperate Hospitals” and you can use the links below to view each update.  This is the latest update and prior posts are listed below the article.  BD 

Desperate Hospitals – January 2009 Update

The American Hospital Association is lobbying for more help from the federal stimulus package being debated in Congress, arguing that hospitals are delaying or canceling upgrades that would benefit their communities.

Nationally, 45 percent of hospitals say they’ve delayed capital projects that had been scheduled for the next six months, and 13 percent said they’ve halted projects altogether, according to a survey by the association. Some respondents answered “yes” to both questions.

“Making these renovations and upgrades do more than just improve care. They create jobs,” said group CEO Rich Umbdenstock. “In tough economic times, health care is especially vital.”

“As the House considers their plan this week, we hope this survey helps them keep in mind the tremendous economic needs hospitals serve,” Umbdenstock said.

A provision in the House version of the stimulus package would help by giving incentives to banks that buy tax-exempt bonds, a key financing source for nonprofit hospitals, said AHA lobbyist Mike Rock.

“We’re hoping a provision like that can not only encourage banks to buy bonds but also in kind of a second-hand way get the market moving again,” he said in a conference call with reporters.

Hospitals seeking help from stimulus - Business First of Columbus:

Related Reading:

Desperate Hospitals – Updated November 21, 2008
Homeless patient spent hospital money on crack
Pacific Health to buy Anaheim Memorial
Memorial Health Services Announces Sale of Anaheim Memorial Medical Center
Desperate Hospitals: Chicago Hospital Hangs For Sale Sign
Desperate Hospitals - Hawaii- What is happening to our Hospital System?
Desperate Hospitals - August 29 (Continued)
More Desperate Hospitals - Miami, FL and Cape Cod, MA
A hopeful prognosis - Desperate "California" Hospitals
Desperate Hospitals - Century City Doctors Hospital (Los Angeles) begins shutting down, others file Chapter 11 to reorganize
New New Jersey law to pinpoint financially troubled hospitals - "Desperate Hospitals"
Desperate Hospitals? (As Featured today in the WSJ)
The battle of the medical bills where nobody but the insurers win
Hospitals protest new California rules on patient balance billing
Cape Cod hospital gets $10M gift
Bankruptcy Bug Hits Hospitals – Desperate Hospitals
Desperate Hospitals – September 2008
Desperate Hospitals: Hospitals in Hands of Voters - Arkansas


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