HCMC Hennepin Healthcare executives say hospital is losing money
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Diverging Reports Breakdown
‘We need help now’: Leaders say financially struggling HCMC needs a cash infusion
Hennepin Healthcare was created by the Legislature to run HCMC and its related clinics. The county continues to own all the hospital’s facilities.
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Hennepin Healthcare is a subsidiary of Hennepin County, which was created by the Legislature to run HCMC and its related clinics, while the county continues to own all the hospital’s facilities. The county is also responsible for approving the hospital’s budget, and if the health system cannot pay its debts, taxpayers will be on the hook.
Source: Startribune.com | View original article
Source: https://www.startribune.com/minneapolis-hospital-hcmc-has-money-problems/601438096