ITG surveyed executives from 100 hospital and health systems this past December, and 85 percent of respondents said they are very concerned about the impact of reduced reimbursement rates and how it will affect their system’s financial performance in 2012.
Forty-eight percent of surveyed executives also said they expect business conditions in the U.S. hospital industry to deteriorate over the coming year, while 5 percent thought business conditions will improve.
Related Articles on Hospital Finances:
Beekeeper and C-Suiter: Berger Health System CEO Tim Colburn
Revenue at WakeMed in North Carolina Tops $978M in 2011
Moody’s: Outlook for Non-Profit Healthcare Stays Negative for 2012
