Article: Ex-Federal Administrator Sees Relative Stability for Hospitals.

ST. PETERSBURG BEACH, Fla. -- As far as federal public policy changes are concerned, the foreseeable future should be a relatively stable time for hospitals and their bondholders, a former federal health official said Friday.

But there are looming debates about cutting Medicare reimbursements and increasing funding for children's health programs, Tom Scully warned at Raymond James & Associates Inc.'s annual Good for Your Health Care conference at the Don CeSar Beach Resort here.

The former administrator of the Centers for Medicare & Medicaid Services, who played a major role in passing Medicare reform and its new prescription drug program, said hospitals ...

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