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Related Experiment Videos

The hospital: how will it survive?

J A Glick

    Hospital Financial Management
    |December 13, 1978
    PubMed
    Summary

    Escalating healthcare costs necessitate government intervention and strategic adaptation by healthcare institutions. Future survival depends on adaptability, integration into systems, and specialization amid market competition.

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    Area of Science:

    • Health Economics
    • Healthcare Management
    • Health Policy

    Background:

    • Rising healthcare expenditures now represent 8.5% of the Gross National Product.
    • Federal government faces pressure to address escalating healthcare costs and provide economic relief.

    Purpose of the Study:

    • To analyze the projected impact of healthcare cost escalation on healthcare institutions.
    • To urge healthcare providers to develop adaptive strategies for future challenges.
    • To propose a model for regional patient assignment within integrated health systems.

    Main Methods:

    • Analysis of current healthcare economic trends.
    • Forecasting future healthcare market dynamics.
    • Development of a conceptual model for healthcare system integration.

    Main Results:

    • Healthcare institutions face significant reshaping, with only adaptable entities likely to survive.
    • Increased risk of heavy regulation if the industry fails to adjust.
    • Anticipated mergers and closures, leading to fewer, more specialized, and geographically dispersed healthcare facilities.

    Conclusions:

    • Healthcare institutions must proactively develop strategies for cost containment and competition.
    • Integration into comprehensive health systems is crucial for adaptation.
    • The future healthcare landscape will be characterized by increased specialization and consolidation.

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