Hospitals shift spending to outpatient facilities
Recent article in Crain’s New York shows how outpatient facilities are helping hospitals lower their costs and broaden the patient base:
As a result of last year’s Affordable Care Act, hospitals in New York face challenges that range from converting to electronic records to preparing for tens of thousands of newly insured patients. The institutions must also clear those hurdles under the threat of increasingly lower Medicaid reimbursement rates.
After spending heavily through the recession to expand and modernize facilities, providers in the city are investing billions more—much of it on building—as they update operations to better deal with the industry’s emerging realities.
Click to read the full article: Hospitals shift spending to outpatient facilities
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