A premerger profile of Columbia and HCA hospitals.
This article profiles the premerger marketing, management, and mission characteristics of the combined Columbia and Hospital Corporation of America (HCA) entity relative to local market hospitals. The findings show that the Columbia/HCA hospitals had fewer Medicaid patients, lower proportion of outpatient revenues, higher operating cash flow per bed, lower occupancy rates, lower salary expense per discharge, higher debt to total assets, fewer beds, and a higher case-mix index relative to local competitors.
McCue
M J
MJ
Department of Health Administration, Virginia Commonwealth University, Richmond, VA, USA.
D000704:Analysis of Variance; D003953:Diagnosis-Related Groups; D004465:Economic Competition / Q000706:statistics & numerical data; D017598:Efficiency, Organizational / Q000706:statistics & numerical data; D005377:Financial Management, Hospital / Q000706:statistics & numerical data; D006273:Health Facility Merger / Q000191:economics / Q000458:organization & administration* / Q000706:statistics & numerical data; D017721:Hospital Costs; D006777:Hospitals, Proprietary / Q000191:economics / Q000458:organization & administration* / Q000706:statistics & numerical data; D006801:Humans; D016015:Logistic Models; D009096:Multi-Institutional Systems / Q000191:economics / Q000458:organization & administration* / Q000706:statistics & numerical data; D009937:Organizational Objectives; D014481:United States