According to Crain's Detroit, "Crittenton Hospital Medical Center, a 254-bed nonprofit hospital in Rochester Hills, is up for sale...In 2013, Crittenton Hospital lost $22.2 million on operations, an increase of 38 percent from 2012’s operational loss of $16.1 million, according to the hospital’s audited financial report. Powell attributed the loss to decrease in patient volume and a changeover to a new accounts receivables system. Total revenue dropped 6.3 percent to $228 million last year, … [Read more...]