'Doom and gloom': economist predicts decade of hospital closings and MD income erosion

Article Abstract:

Paul Feldstein, medical economist, feels that the demand for health care services is on the decline. Mr. Feldstein predicts at least 1,000 hospitals will go out of business in the next decade and physicians will see further erosion of their income. The desire of government, labor, insurance carriers, and business to establish cost controls on health care services is the driving force behind this movement. Health maintenance organizations will probably benefit from this movement.

Hospitals, Offices & clinics of medical doctors, Finance, Physicians, Medical professions, Health maintenance organizations, Feldstein, Paul

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PSROs, HMOs on edge: review programs struggling to survive ... while prepaid plans are optimistic

Article Abstract:

Professional Standards Review Organizations will be losing their government support and will have to look for other sources of support. Health Maintenance Organizations, on the other hand, face a brighter future with their marketing of prepaid health plans.

Business associations, Medical care, Beliefs, opinions and attitudes, Professional standards review organizations (Medicine), Health systems agencies, Sunderbruch, John, Platt, Kenneth, Thompson, Boyd

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