If you are preparing a strategic planning environmental assessment for your hospital, you are going to want to take a look at this brief feature story by a senior VP at Moody’s Investors Service. It’s an analysis of utilization and financial trends with Moody’s expectations for the near term. Among Moody’s conclusions: Medicare and Medicaid will experience rate reductions; commercial payers will scale back rate increases; inpatient admissions will level off; observation visits will grow; and uncompensated care will increase in the near term.
What I like about this article: 1.) Comes from a credible source with predictions about near term future; 2.) Has a nice pie chart for FY 2010 showing hospital payer mix.
Source: Goldstein, L. Hospital revenues in critical condition. HFM. Healthcare Financial Management;65(9):74-79, Sept. 2011. Full text click here: http://www.hfma.org/Publications/hfm-Magazine/Archives/2011/September/Hospital-Revenues-in-Critical-Condition/ Posted by AHA Resource Center, (312) 422-2050, rc@aha.org
Filed under: Financial management, Future trends, Posted by Kim Garber | Tagged: Hospital environmental assessments, Hospital utilization trends, Medicaid trends, Medicare trends, Moody's Investors Service, Predictions |
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