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Hospitals' financial health improving

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uncompensated care
hospital performance
hospital margins
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community hospitals

While things aren't exactly easy in hospital land, it appears that their financial health is improving overall, according to a new study released Wednesday. A Thomson Reuters piece found that all classes and sizes of hospitals--including large community hospitals and teaching hospitals--have developed better margins than they had previously.

This is a big change from last summer, when more than half of the hospitals in the U.S. lost money. Now, as of earlier this year, only one-third of facilities remained in the red, according to a report from the Dallas Morning News.

According to Thomson Reuters, hospitals have done well with cost-cutting initiatives, and what's more, the broader economy is improving. As the economy continues to recover, it will be critical to watch key metrics of hospital performance and see whether they stay in shape, analysts suggest.

To learn more about this analysis:
- read this Kaiser Health News piece

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New research says U.S. hospitals in trouble

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"Cost-cutting measures" have included cutting nursing staff and worsening an already dangerous nurse-patient ratio, putting more and more patients at risk for medical and medication errors and driving more nurses into burnout condition. I would hate to have to be a patient in ANY hospital right now, and I counsel my loved ones against having elective procedures done now. There is already a lack of transparency about individual hospitals' mortality and morbidity rates, and even in states where reporting is mandatory, few hospitals report their outcomes data, without consequences for them. Tracking performance metrics "as the economy continues to recover" is too little, too late.

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