Motion Picture and Television Fund long-term care facility closing

From KPCC News in Brief:

The medical branch of a retirement facility that’s served performing
artists for 60 years is closing by the end of this year. KPCC’s Cheryl
Devall has more on today’s announcement by the board of the Motion
Picture and Television Fund.

Cheryl Devall: The high cost of health care has
caught up with the medical direct-care services the Motion Picture and
Television Fund established in 1948. A statement from its operators
says the Woodland Hills long-term medical care facility and acute-care
hospital run an operating deficit of about $10 million a year.

At that rate, the organization’s board says it would run out of reserve money within five years.

For More...