Health Care Reform: The New Paradigm
Health care reform is in full swing. Hospitals have seen their profit margins erode significantly from the range of 15% to 20% commonly realized prior to the Balanced Budget Act of 1997. In fact, approximately two-thirds of hospitals in the U.S. are operating at a 1% margin or less.1 This has resulted in mass layoffs and the closure of facilities. However, nearly a third of all U.S. hospitals have weathered this storm and are thriving with operating margins in the range of 2% to 5%.2
“The Diagnostic Key for Optimizing Clinical and Financial Outcomes” Audioconference by Sandra Sieck, RN, BBA, Sieck HealthCare Consulting, LLC
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