Nearly 60 percent of hospital executives are extremely concerned about the impact of increased regulatory mandates and oversight on their hospital's operations and budget, according to a report by the U.S. News & World Report.
U.S. News and Fidelity Investments surveyed executives at 1,852 hospitals. Results showed 59.1 percent of respondents were extremely concerned about the financial impact of intensified regulations.
Other survey findings include the following:
- 64 percent — extremely concerned about aligning the hospital's operating costs with post-reform reimbursement in the next three years
- 42.2 percent — extremely concerned about the hospital's ability to continue to provide care to patients without health insurance during the next three years
- 30.5 — extremely concerned about the hospital's level of bad debt
Read the U.S. News & World Report data on hospitals' financial concerns.
Massachusetts' MetroWest Medical Center Posts $10.6M for FY 2010
Non-Profit Baptist Health South Florida Posts $1.65B Operating Revenue, Beating Tenet and HCA
U.S. News and Fidelity Investments surveyed executives at 1,852 hospitals. Results showed 59.1 percent of respondents were extremely concerned about the financial impact of intensified regulations.
Other survey findings include the following:
- 64 percent — extremely concerned about aligning the hospital's operating costs with post-reform reimbursement in the next three years
- 42.2 percent — extremely concerned about the hospital's ability to continue to provide care to patients without health insurance during the next three years
- 30.5 — extremely concerned about the hospital's level of bad debt
Read the U.S. News & World Report data on hospitals' financial concerns.
Related Articles on Hospital Finances:
St. Vincent Regional Medical Center Posts $21.3M in 2009 RevenueMassachusetts' MetroWest Medical Center Posts $10.6M for FY 2010
Non-Profit Baptist Health South Florida Posts $1.65B Operating Revenue, Beating Tenet and HCA