Let’s take a few moments to consider what will happen if our county hospital takes over the children’s hospital.
Firstly, we will pay for it.
As we wrote in County hospital losses their 2014 audited financial statements showed them losing $72 million in 2014. Of that $60 million was recognition of the inability of the children’s hospital to pay its bills.
The other $12 million came from plain old operating losses.
If the county hospital takes over the children’s hospital they will need to add another $10 million to that number because they will no longer be able to charge rent. They will also lose around another $10 million since they will not be able to charge for the other services they are contracted to perform for the children’s hospital.
We pay roughly $82 million in property taxes for the county hospital now. Will they look to us for the other $32 million?
Will we have to fund pay raises for the hospital administrators since they will be burdened with so much more work? Should we expect to have to pay bigger bonuses since they will tell us that they saved the day?
We deserve better