Cost containment in small hospitals: targeting strategies beyond this decade.
This study identifies the contributors to cost containment in small size, full-service hospitals (100-199 beds). A conceptual model has proposed and tested on data from 316 executives representing both for-profit and not-for-profit hospitals. The data suggest that the for-profit sector is more effective in managing its costs than its not-for-profit counterpart. However, the findings raise the issue of whether cost management leads to cost containment. The assumption of this study is that cost containment is a strategic concern, while cost management is operational.
D003363:Cost Control; D004469:Economics, Hospital; D006276:Health Facility Size; D006739:Hospital Administration; D006744:Hospital Bed Capacity, 100 to 299; D006777:Hospitals, Proprietary / Q000191:economics*; D006788:Hospitals, Voluntary / Q000191:economics*; D008962:Models, Theoretical; D011795:Surveys and Questionnaires; D014481:United States