One in Five German Hospitals Is Losing Money, FAZ Reports

One in every five German hospitals is unprofitable, Frankfurter Allgemeine Zeitung reported, citing a survey by the Deutsches Krankenhausinstitut, or German Hospital Institute.

The majority of clinics have improved their finances this year from last year, according to the report. Most German hospitals expect the situation to stay the same or deteriorate next year, the newspaper said.

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net.

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net.

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