October 2, 2008
Hospital Endowments Grew by 8% Last Year, New Study Finds
Even before the stock-market gyrations of recent weeks, nonprofit health-care institutions were seeing the signs of a weaker economy, according to a report released last month.
Nonprofit health-care organizations generated 8 percent on their investment assets last year, down from an average return of nearly 11 percent the previous year, the study found.
The decline was largely due to weaker investment performance in the domestic and international stock markets, and may be a
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