Sunday, August 28, 2011

Tough Times at Tufts

"Eric Beyer named CEO of Tufts Medical Center" by Robert Weisman, Globe Staff

Tufts posted a profit of $5.3 million last year....

But like other hospitals in Boston and across the state, Tufts will face intense pressures in the coming years as the state and federal governments reduce payments for Medicaid and Medicare, health insurance programs that cover low-income and older patients. Those programs account for slightly more than half of the Tufts payer mix. “The challenge will be to remain ever-competitive in the market when the dollars are shrinking,” said Ellen M. Zane, 60, who will retire at the end of September....

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