Wednesday, September 24, 2008

Modern Healthcare Online

Modern Healthcare Online: "Economy expected to curb healthcare philanthropy

Story posted: September 23, 2008 - 6:00 pm EDT

The nation’s worsening economy, already a stress on state budgets and investment portfolios, will likely undermine another source of healthcare revenue: philanthropy.

Giving across all sectors fell during all but two of six recessions since 1967, according to a survey of economic cycles and donations released by the Association for Healthcare Philanthropy."

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