Hospitals are struggling to increase their volumes with many underperforming last year compared to 2017
But hospitals continue to struggle to increase their volumes with many underperforming last year compared to 2017, the analysis shows.
“Nationally, all volume indicators demonstrated eroding performance relative to last year,” the Kaufman Hall report, which collects data from more than 600 hospitals monthly, said in comparing 2018 to 2017. “Volume trends demonstrated consistent underperformance relative to last year, with a few indicators showing increasing underperformance.
The report is the latest to show trouble for U.S. hospitals as new competitors emerge like Amazon, CVS Health, Walgreens Boots Alliance and Wal-Mart. These retailers are looking to establish themselves as a destination for low-cost outpatient care and give patients less reason to go to a hospital. Though the Kaufman Hall report didn’t mention the retail threats specifically, it’s the latest financial report to warn of deteriorating hospital performance in the face of payment shifts to outpatient care and rising government reimbursement that tends to pay hospitals less than commercial insurers.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian shares shaky as U.S. bond yields hit lowest since late 2017Asian shares were shaky on Tuesday after U.S. Treasury yields sank to their lowe...
Read more »
Asian shares tick up as U.S. bond yields come off late-2017 lowsAsian shares drifted higher on Tuesday after two days of losses as U.S. 10-year ...
Read more »
$125 million lawsuit filed against Weather Channel for 'horrific' crash that killed 3 during a 2017 tornado chaseThe mother of a man killed in a 'horrific' 2017 car accident filed a $125 million wrongful death lawsuit Tuesday against the Weather Channel for its role in the crash.
Read more »
Opinion | Tax Reform Is No ‘Sugar High’Opinion: Despite unprecedented monetary tightening, the 2017 tax cuts breathed new life into the U.S. economy, write RepKevinBrady and Lawrence B. Lindsey
Read more »
White supremacists murdered Alaska man as part of 'vile and racist gang,' feds sayWhite supremacists murdered Alaska man as part of 'vile and racist gang,' feds say.
Read more »
Hospital Patient Volumes Are Sliding As Amazon, CVS And Walgreens Threaten To Make Matters WorseHospitals are struggle to increase their volumes with many underperforming last year compared to 2017, a new report from consulting Kaufman Hall shows.
Read more »
$125 million lawsuit filed against Weather Channel for 'horrific' crash that killed 3 during a 2017 tornado chaseThe mother of a man killed in a 'horrific' 2017 car accident filed a $125 million wrongful death lawsuit against the Weather Channel.
Read more »