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And … Where Are They Doing It?
This infographic shows that about only 10% of US hospitals have aggressively cut costs during the recession. Most hospitals have kept costs close to inflation with 1-5% annual increases.
Of those who aggressively cut costs, many service lines contributed, though general surgery was the largest, followed by neonatal, obstetrics, and infectious diseases.
Conclusion
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OUR OTHER PRINT BOOKS AND RELATED INFORMATION SOURCES:
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- FINANCE: Financial Planning for Physicians and Advisors
- INSURANCE: Risk Management and Insurance Strategies for Physicians and Advisors
- Dictionary of Health Economics and Finance
- Dictionary of Health Information Technology and Security
- Dictionary of Health Insurance and Managed Care
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Filed under: Health Economics | Tagged: hospital costs, hospital economics, hospital finance, Which Hospitals Are Cutting Costs | 8 Comments »
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