Maui hospitals expect massive cash flow deficit - Hawaii News Now - KGMB and KHNL

Maui hospitals expect massive cash flow deficit

KAHULUI, Hawaii (AP) - Administrators say Maui County hospitals in Hawaii's state-subsidized public hospital network will have a cash-flow deficit of than $46 million in two years if the status quo continues.

The Maui region of Hawaii Health Systems Corp. includes Maui Memorial Medical Center, Kula Hospital and Lanai Community Hospital.

The Maui News (http://bit.ly/1tDEc8z ) reports decreased state funding, a decline in federal Medicare reimbursements and increased infrastructure and labor costs are pushing the hospitals into the red.

Administrators say the deficit may force the hospitals to drastically cut services and jobs. They say families may have to fly to Oahu to receive care.

Residents urged state legislators at a public hearing on Monday to pass a measure that would allow Maui Memorial to form a partnership with a private health care provider.

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