Tuesday, July 17, 2012

Holy Crap!

What the hell is going on with this company?:
The Woodland Pond retirement community, which is owned and operated by HealthAlliance of the Hudson Valley, lost just over $18 million for the period of 2008-10, tax records show.

The news comes on the heels of HealthAlliance announcing it plans to close Kingston Hospital because that facility and Benedictine Hospital, which are jointly operated by the company, lost a combined $10 million in the 2008-11 period.

Income tax returns filed by HealthAlliance and available online show Woodland Pond’s 2008-10 red ink totaled $18,007,262. Records for 2011 were not available.
And you have to wonder what else they aren't telling us.

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