News Headlines Article

Nonprofit Hospital Admissions Dipped in 2009
Health Leaders Media

For the first time in at least 18 years, the rate of growth of patient admissions to not-for-profit hospitals declined in 2009 over 2008, owing mostly to the economic recession, says a report from Moody’s Investors Service. Moody’s began publishing not-for-profit hospital medians in 1991, and this is the first time the rating agency found slower growth from one year to the next. The median growth rate declined to .02% in 2009 from 1.03% in 2008.