California’s Physicians Face Financial Meltdown

Many doctors already suffering financial woes; hospitals may not be far behind

CEO SUMMARY: It’s a what-if scenario that may come true. Healthcare providers in the Golden State are going broke at an astounding rate. Physicians seem to be the hardest hit, but signs indicate that hospitals are also heading toward serious financial difficulties. In a nutshell, a decade of draconian cutbacks to provider reimbursement have left

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