The data also shows that aggressive cost-cutting hospitals are more likely to be classified as large hospitals with more than 500 beds.
Nearly half of the cost reductions hospitals achieved stemmed from four service lines: general surgery, neonatal, obstetrics/delivery and infectious diseases.
More Articles on Hospitals Cutting Costs:
5 Painless Ways to Cut Hospital Costs
Hospitals Becoming More Creative in Cost-Cutting Measures
Cutting Costs in an Age of Expense: 5 Thoughts From MemorialCare Health System CEO Barry Arbuckle