How the industry operates
Article Abstract:
Development of procedures and instruments for medical diagnoses and treatment have fostered with the development of increasingly sophisticated medical devices, better microscopes, and precision surgical instruments. Discovery of new materials and new applications for known materials have spurred the development of medical devices.
Publication Name: Standard & Poor's Industry Surveys: Health Care
Subject: Health care industry
ISSN: 0196-4666
Year: 2004
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Number of hospital facilities decreases as utilization increases
Article Abstract:
The financially stable hospital chains have purchased struggling tax-exempt hospitals and large chains have closed hospitals resulting in a steady decline in the number of US hospitals. As the total number of hospitals has declined, capacity utilization such as total beds occupied has risen.
Publication Name: Standard & Poor's Industry Surveys: Health Care
Subject: Health care industry
ISSN: 0196-4666
Year: 2004
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Healthcare facilities deal with rising costs
Article Abstract:
The revenue per admission declined for the acute-care hospital sector as managed care penetration expanded. Higher insurance costs for patients covered by managed care and an increase in the uninsured population were hampering hospital administrations growth.
Publication Name: Standard & Poor's Industry Surveys: Health Care
Subject: Health care industry
ISSN: 0196-4666
Year: 2004
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