Hospitals eliminating service lines

Hospitals and health systems are cutting back, not only on capital spending, but also on unprofitable healthcare services, according to a new study by the Noblis Center for Health Innovation. They're doing so of necessity. More than 56 percent of survey respondents saw a decrease in operating margin over the last quarter, and 39 percent expect a decrease in the next 12 months, researchers said. Meanwhile, investment income is tanking as well. Article

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