More Red Ink Flowing at UMC

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(photo courtesy: University Medical Center)

(photo courtesy: University Medical Center)

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(Las Vegas, NV)  —  University Medical Center’s balance sheet is still in the red.  The county-owned hospital has posted a nearly $88-million loss for the just-ended fiscal year.  That’s nearly 3% higher than a year earlier.  It’s the tenth straight year of losses for UMC.  The hospital is suffering from more uninsured patients in a bad economy, and a loss of business to new hospitals in the Vegas Valley.

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