Covenant suffering economy's effects From: The Milwaukee Journal Sentinel | Date: March 7, 2004| Author: JOE MANNING | Copyright 2004 The Milwaukee Journal Sentinel. Provided by ProQuest LLC.Copyright information

Covenant suffering economy's effects

St. Michael Hospital feels financial pinch

By JOE MANNING jmanning@journalsentinel.com, Journal Sentinel

Sunday, March 7, 2004

Dramatic changes in the economics of providing patient care are forcing the Covenant Healthcare system to revise its 2004 budget as revenue drops and millions of dollars in losses mount at St. Michael Hospital.

A higher number of charity cases, a decrease in insured patients and greater competition...

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