The case for hospital diversification into long-term care.
Since the market for long-term care (LTC) services is expected to grow rapidly in the years ahead, the case for hospital diversification into LTC is a strong one. This article discusses the major LTC diversification options, the cost of entry, potential profitability, potential problems, and recommendations for implementing them.
Giardina
C W
CW
Administration-Health Services, University of Alabama, Birmingham.
Fottler
M D
MD
Shewchuk
R M
RM
Hill
D B
DB
D000407:Alabama; D003365:Costs and Cost Analysis; D006739:Hospital Administration / Q000191:economics*; D006754:Hospital Restructuring / Q000191:economics*; D006801:Humans; D007182:Income; D008134:Long-Term Care / Q000458:organization & administration*; D008962:Models, Theoretical; D010934:Planning Techniques; D012051:Reimbursement Mechanisms