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Trends in the hospital financial picture
1Center for Healthcare Industry Performance Studies, Columbus, OH.
Abstract:
In 1992 (the most recent year for which complete financial data are available), the overall financial condition of U.S. hospitals was better than it had been in a decade. However, low-performing hospitals were falling further behind their high-performing counterparts. Moreover, the continuing drop in prices for services, which requires hospitals to achieve greater productivity and cost control, may pose a threat to the ability of some to maintain high-quality care in the future.
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