PBS Special Report: Health Care Reform
Hospital officials largely blame unfavorable HMO insurance contracts for $100 million in net losses they say the facility has posted in recent years. And they say tight credit markets contributed to its financial distress.
While Downey will remain fully operational and is expected to emerge from bankruptcy within a year, its story has become more common and exemplifies the challenges of reforming a complex health care system.
You can watch the special here on KCET, Thursday at 9 pm.
RESOURCES:
Hospital Association of Southern California
UCLA School of Public Health
Consumer Watchdog.org
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