Posts Tagged: April 15

Historic state budget blueprint faces crucial hurdles

Gov. Gavin Newsom at a San Francisco event. (Photo: Jana Asenbrennerova, via Shutterstock)

by CHUCK McFADDEN posted 05.20.2022

Gov. Gavin Newsom is proposing a multi-billion-dollar package of monetary goodies for Californians, but how much of it will become reality is now up to legislators. The clock ticks: Lawmakers have less than a month to approve the 2022-23 budget, an unprecedented, nearly $300 billion document, and send it to Gov. Gavin Newsom.

Amid pandemic, hospitals face financial peril

A pushes a gurney stretcher along a hospital corridor. (Photo: Spotmatik Ltd, via Shutterstock)

by LANA SCHWARTZ posted 06.16.2020

California’s hospitals are experiencing unprecedented financial stress due to the COVID-19 pandemic, with net losses projected to hit $14.6 billion by the end of 2020. The losses are “way above anything anyone could have anticipated… the costs have been nothing like we have ever seen before,” said Jan Emerson-Shea, a spokeswoman for the California Hospital Association, which represents about 400 hospitals, large and small.