08/06/2009 05:12 am ET | Updated May 25, 2011

White House, Hospitals Near Deal For $150 Billion In Cost Savings

WASHINGTON The Obama administration and major hospital associations on Monday evening were nearing a deal for about $150 billion in cost savings to help pay for an overhaul of the nation's health care system, with an announcement expected at the White House as early as Wednesday, officials said.

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