Serving Whitman County since 1877
Serving Whitman County since 1877
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A report released last week by the Washington State Hospital Association indicates that virtually every hospital in the state is in financial trouble. (here) A recent survey revealed that hospital revenues were up five percent from 2021 to 2022, yet expenses rose 11 percent over the same time period. This is unsustainable. Several, if not many, hospitals are at risk of closing if these losses continue for another year. This includes both rural and urban facilities. Executives give a number of...
Several days ago, The Wall Street Journal ran an extended interview with Fred Smith, the founder and CEO of FedEx. (here) After serving two tours of duty as a Marine in Viet Nam, Smith began a parcel delivery service using small aircraft and limited scheduling. Under his leadership, FedEx has grown into the largest parcel delivery system in the world. The company currently employs 560,000 people in 220 countries. Smith's economic philosophy, and guiding principle, is really quite simple....
