California hospital owing $11.4M assures October payroll is safe — but future is cloudy

Watsonville (Calif.) Community Hospital expects to meet its October payroll obligations, CFO Julie Peterson told Becker’s, but the hospital’s August board executive summary warned of difficulties in forecasting how it will meet future payroll and payable obligations beyond the near term. The summary, which was included among materials for Watsonville Community’s Sept. 30 regular board […] The post California hospital owing $11.4M assures October payroll is safe — but futu...