Rising expenses, lower volumes hurt Kaleida Health financials

Monday Jun 23 | Posted by: roboblogger | Full story: Modern Healthcare

Kaleida Health, Buffalo, N.Y., lost $15.3 million from operations in fiscal 2013 as expenses rose at almost twice the rate of revenue.Kaleida's results mirror a Moody's Investors Service report from this year that said expense growth at not-for-profit hospitals and health systems continues to... For the best experience of ModernHealthcare.com on ... (more)

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