Hospital financial condition under state rate regulatory programs.
This article examines the impact that state rate regulatory programs have had on the financial position of hospitals. The findings indicate that state rate regulatory programs have had a negative influence on hospital financial position. State rate regulatory programs, as well as Medicare with its system of prospectively determined prices, should consider the possible impact of their decisions on hospital financial viability. Cost control should not be the only concern in public policy decisions of this type.
D000704:Analysis of Variance; D003363:Cost Control / Q000379:methods; D005376:Financial Management / Q000639:trends*; D005377:Financial Management, Hospital / Q000639:trends*; D006076:Government; D011907:Rate Setting and Review / Q000331:legislation & jurisprudence*; D013219:State Government; D014481:United States