The quiet restructuring. Blaming feds, hospitals shed workers, facilities in droves.
A major downsizing is under way in the hospital industry. Hospitals are laying off thousands of workers and closing down a variety of services. Facilities cite the usual suspects for taking such drastic action: managed care, reimbursement changes in federal healthcare programs, plummeting inpatient loads and consolidation. This is the first in a two-part series on financial turmoil in the industry.
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D000573:American Hospital Association; D002017:Budgets; D017046:Cost Savings; D019033:Delivery of Health Care, Integrated / Q000191:economics / Q000458:organization & administration; D006754:Hospital Restructuring / Q000191:economics; D016344:Medicare Part A / Q000639:trends; D009936:Organizational Innovation; D020415:Personnel Downsizing; D012051:Reimbursement Mechanisms; D014481:United States; D000078329:Workforce