Hospitals Rebound from Dismal 2008
Posted by Chris Pace on November 9, 2009 under News | 
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One year after reporting that half of the nation’s hospitals were running red ink, a new study released this morning finds that 80% of hospitals are back in black, with overall margins approaching levels not seen since the economy tanked.
“If they had a 401(k) statement to look at, it’d be lower than it was two years ago. But in terms of the operational financial statistics like margins and liquidity, it looks like hospitals in large part have returned to prerecession conditions,” says Gary Pickens, chief research officer at the Center for Healthcare Improvement at Thomson Reuters, which produced the study.
Read more of this from John Commins, for HealthLeaders Media, November 9, 2009 by clicking here.
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