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Health care providers under pressure: making the most of challenging times.

Authors
  • Davis, Scott B
  • Robinson, Phillip J
Type
Published Article
Journal
Journal of health care finance
Publication Date
Jan 01, 2010
Volume
37
Issue
2
Pages
49–55
Identifiers
PMID: 21294438
Source
Medline
License
Unknown

Abstract

Whether the slowing economic recovery, tight credit markets, increasing costs, or the uncertainty surrounding health care reform, the health care industry faces some sizeable challenges. These factors have put considerable strain on the industry's traditional financing options that the industry has relied on in the past--bonds, banks, finance companies, private equity, venture capital, real estate investment trusts, private philanthropy, and grants. At the same time, providers are dealing with rising costs, lower reimbursement rates, shrinking demand for elective procedures, higher levels of charitable care and bad debt, and increased scrutiny of tax-exempt hospitals. Providers face these challenges against a back ground of uncertainty created by health care reform.

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