Friday, November 13, 2009

University budget is conservative stance - Tom Corwin, Augusta Chronical

With the prospect of health care reform radically reshaping the landscape next year, University Hospital officials said they are facing an uncertain future and their budget for next year reflects that. "It makes us look very conservatively at what next year is going to be, right off the bat," said J. Larry Read, CEO of University Health Care System. "I can't say we specifically factored anything in," Chief Financial Officer Dave Belkoski said. "We don't know. What we do know is payments will be cut. And we factored that part in."