Critical strategies for successful rural hospitals.
Not all rural hospitals are in a depressed financial situation. Many can and have achieved financial performance levels which match their urban counterparts. Cost control is the single most important management strategy which differentiates the successful from the unsuccessful rural hospital. Labor productivity is much higher in the financially successful rural hospital than in the unsuccessful hospitals. Reduced length of stay is also especially critical in the overall cost containment program.
Cleverley
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WO
Ohio State University, Columbus.
Harvey
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RK
D002201:Capital Expenditures; D003363:Cost Control; D003365:Costs and Cost Analysis; D004526:Efficiency; D005249:Fees and Charges; D005377:Financial Management, Hospital; D006754:Hospital Restructuring; D006780:Hospitals, Rural / Q000191:economics* / Q000458:organization & administration; D007182:Income; D007449:Investments; D007902:Length of Stay; D014481:United States