Looming reimbursement cuts stifle hospital budgets

A sizable percentage of hospitals expect to reduce their spending on capital projects during 2012 as they confront a variety of budget issues, according to a new survey of 730 hospitals from Premier healthcare alliance. Premier's 2012 Economic Outlook indicated that 35 percent of healthcare leaders said their capital budgets declined over the past year--a tougher climate than the 2011 survey, when 28 percent reported a drop. --Read more of the full coverage on FierceHealthFinance and on FierceHealthIT