News Headlines Article

Hospitals squeezed as revenue growth slows to all-time low
Modern Healthcare

Revenue at not-for-profit hospitals grew at an all-time low of 3.9% last year with sluggish gains in both inpatient and outpatient activity, according to a report on 2013 medians from Moody’s Investors Service.

In comparison, hospital revenue increased 5.1% in 2012 and historically has grown about 7% per year.

Moody’s pegged the increased popularity of high-deductible health plans for leading people to postpone care or seek out lower cost retail clinics. “Patients have more skin in the game,” said Jennifer Ewing, an analyst at Moody’s.

Commands