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Hospital capital spending: shifting and slowing even before the financial meltdown
1Cost Report Data Resources, LLC, Louisville, KY, USA. tschuhmann@costreportdata.com
Abstract:
A recent study of changes in U.S. hospitals' capital spending and financing disclosed that between 2001 and 2007: Annual capital spending rose from $25.1 billion to $34.7 billion. Hospitals shifted capital spending toward physical infrastructure and away from equipment. Not-for-profit hospitals spent a significantly lower percentage of available funds on capital improvements in 2007 compared with 2001.
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