1991 data: low interest rates cut both ways for hospitals
Article Abstract:
Performance data reveals that low interest rates were a mixed blessing for hospitals in 1991. Lower rates caused hospital interest income to decrease but many hospitals saved money by refinancing existing debt. Total margins for hospitals decreased to 4.1% in 1991, compared to 4.3% in 1990. Non-operating gain ratios decreased from 1.8% to 1.5% in the same period. New audit guidelines issued by the American Institute of Certified Public Accountants contributed to the decline in non-operating income.
Publication Name: Hospitals
Subject: Health care industry
ISSN: 0018-5973
Year: 1992
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Medicaid: new generation of managed care improves access, delivery
Article Abstract:
The Medicaid managed care network is improving on providing low-cost access and delivery of medical services to its recipients. Currently, the Medicaid managed car system tries to match a Medicaid recipient to a primary care physician in a provider network administered by either health maintenance organizations, hospitals or doctors. Medical costs are reduced because managed care removes the duplication and inappropriate medical care out of the system.
Publication Name: Hospitals
Subject: Health care industry
ISSN: 0018-5973
Year: 1992
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