Hospitals owning HMOs get shortchanged when it comes to controlling, reducing costs.
Data Benchmarks: HMO ownership a financial hindrance to hospitals? A new survey of hospitals owning HMOs vs. hospitals that don't surprisingly shows hospitals getting into the managed care business aren't faring as well as they hoped. Hospitals owning HMOs had 11.3% higher total costs per occupied bed than organizations that don't own HMOs. Here are the details, plus comparisons of other financial indicators between the two groups.
D006279:Health Maintenance Organizations / Q000458:organization & administration* / Q000706:statistics & numerical data; D017721:Hospital Costs; D006754:Hospital Restructuring / Q000191:economics* / Q000706:statistics & numerical data; D010067:Ownership / Q000191:economics*; D010343:Patient Admission / Q000191:economics; D012456:Salaries and Fringe Benefits / Q000706:statistics & numerical data; D014481:United States