A trend analysis of financial accounts. From TEFRA to PPS 7.
This article presents a time trend in financial accounts, starting with the introduction of the prospective payment system (PPS) to its seventh year (PPS 7). The financial accounts are analyzed by hospital ownership and bed size. Applying the index-number trend series analysis, our findings show that large for-profit facilities had higher operating income than other large ownership groups. In contrast, the three small ownership groupings we studied incurred an operational loss.
Department of Health Administration, Virginia Commonwealth University, Richmond.
M J
MJ
McCue
D
D
Burroughs
D000067:Accounts Payable and Receivable; D003625:Data Collection; D005377:Financial Management, Hospital / Q000706:statistics & numerical data / Q000639:trends*; D006302:Health Services Research; D006742:Hospital Bed Capacity / Q000191:economics; D006777:Hospitals, Proprietary / Q000191:economics*; D006779:Hospitals, Public / Q000191:economics*; D006788:Hospitals, Voluntary / Q000191:economics*; D007182:Income / Q000706:statistics & numerical data / Q000639:trends; D010067:Ownership / Q000191:economics; D011445:Prospective Payment System / Q000706:statistics & numerical data / Q000639:trends*; D013659:Tax Equity and Fiscal Responsibility Act; D014481:United States