Just came across an interesting read from MedCity News on the financial missteps several Twin Cities Hospitals took during the recession of 2008-09 – specifically in terms of trying to expand too fast, borrowing big money and gambling (and losing) in the stock market. Not exactly the picture of financial restraint and prudence one might expect from non-profit entities charged with ensuring their customers’ health and well-being comes first and foremost. What do you think? (Click here to read the story.)
