News Headlines Article

Tahoe Forest Hospital needs to focus on cutting costs
Sierra Sun

While the 5 percent Tahoe Forest Hospital District rate increase is of concern, a far greater concern is the state of the district’s finances.

While the District earned $2.8 million on operations last fiscal year, those earnings were supported by an unconscionable $8.4 million profit on cancer drugs — a more than 100 percent profit (Medicare allows a 6 percent markup on cancer drugs).

Without this windfall, which exploits some of the most vulnerable patients, the district would be losing serious money.